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    201 Leanne Dr Edon, OH 43518

    Sponsored
    For Sale
    $2,000,000

    Spacious industrial warehouse, vacant, NNN lease.

    Property size:
    37,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 37,420-square-foot warehouse, located at 201 Leanne Dr, Edon, OH 43518, presents a significant investment opportunity. The property sits on a 7.14-acre lot and is zoned M-1 Industrial, offering flexibility for a variety of industrial uses. Built in 1972, this single-story building features a 14'3" ceiling height, ideal for various storage and operational needs. The warehouse boasts five loading docks and two dock-high doors, ensuring efficient loading and unloading operations. Ample parking is available with 14 spaces. The asking price is $2,000,000, translating to $53 per square foot. The property was formerly occupied by Linamar Corporation, a leading automotive supplier, highlighting its suitability for mission-critical operations. The HVAC system was replaced in 2018, ensuring efficient climate control. The lease terms are negotiable, with a 10-year option available. This vacant property offers immediate occupancy and the potential for a long-term, stable investment. The property's APN is 170-05-001.000. This is a rare opportunity to acquire a well-maintained, strategically located industrial warehouse in Williams County, Ohio. Lease type is NNN.

    Property Features for 201 Leanne Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    37,420 SF
    Lot Size
    311,018 SF

    Building Details

    Year Built
    1972
    Stories
    1

    HighLights

    • 37,420 SF warehouse on 7.14‑acre lot in Edon, OH.
    • M‑1 Industrial zoning.
    • 14'3" ceiling height, five loading docks, two dock‑high doors, and 14 parking spaces.
    • $2,000,000 asking price ($53/SF).
    • HVAC system replaced in 2018.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Building Supply Wholesale Shop HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edon
    County
    Williams
    State
    Ohio
    Longitude
    -84.776122
    Latitude
    41.557465

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    FAQs

    What type of property is this?
    Distribution property - Spacious industrial warehouse, vacant, NNN lease.
    Where is this distribution property located?
    The property is located at 201 Leanne Dr Edon, OH.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 37,420 SF warehouse on 7.14-acre lot in Edon, OH.; M-1 Industrial zoning.; 14'3" ceiling height, five loading docks, two dock-high doors, and 14 parking spaces.
    Request Owner's contact information
    201 Leanne Dr Edon, OH 43518
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    Edon, OH 43518
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Leanne Dr Edon, OH 43518
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