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    104 Lee St Lodi, OH 44254

    For Sale
    $975,000

    34,890 SF Warehouse, 1.74 Acres

    Property size:
    34,890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional industrial property at 104 Lee Drive, Lodi, OH 44254, offers a substantial 34,890-square-foot warehouse on a 1.74-acre lot. Built in 1959, this Class B building features two structures, each single-story, and boasts 14-foot ceiling clearances throughout. The property includes two truck docks and five drive-in doors, providing ample access for loading and unloading. Power is supplied by a robust 3-phase, 2,800 AMP system. The property is zoned I-1, allowing for a variety of industrial uses. Conveniently located, it offers easy access to major transportation routes, with the I-71/OH-83 interchange just 3.8 miles away. The asking price is $975,000, translating to $28.34 per square foot. Annual real estate taxes are $11,488.64. The current tenant will vacate by March 31, 2025, presenting a significant opportunity for immediate occupancy or future development. The village of Lodi actively promotes quality commercial and industrial growth while maintaining its small-town charm. This property represents a compelling investment opportunity in a desirable location. The APN is 01526A08061|1.

    Property Features for 104 Lee St

    General Information

    Property type
    Distribution properties
    Square Feet
    34,890 SF
    Class
    B
    Lot Size
    75,794 SF

    Building Details

    Year Built
    1959
    Buildings
    2
    Stories
    1

    HighLights

    • 34,400 square foot warehouse.
    • 1.74‑acre site.
    • Asking price of $28.34 per square foot.
    • Two truck docks and five drive‑in doors.
    • 14‑foot clear ceiling height.
    • 2,800‑amp, three‑phase power.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lodi
    County
    Medina
    State
    Ohio
    Longitude
    -82.0195382
    Latitude
    41.0333868

    Nearby Comparable

    • $1,200,000
      34,400 SF

      34,400 SF Warehouse For Sale

      34,400 SF warehouse on 1.74 acres, available March 2025.
      104 Lee St, Lodi, OH 44254
      View Details
    • $1,550,000
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      Freestanding Building in Lodi, Ohio

      Well-maintained building in Lodi, Ohio, with high visibility.
      116 Ainsworth St, Lodi, OH 44254
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      Lodi Office Building - Great Potential

      Spacious Office, Updated, Prime Location
      113 Harris St, Lodi, OH 44254
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      300,000 SF

      Industrial Land with Tax Abatement

      Shovel-ready industrial land with utilities and highway access.
      9758 Avon Lake Rd, Lodi, OH 44254
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      400,000 SF

      Industrial Land with Tax Abatement

      Shovel-ready industrial land with utilities and tax abatement.
      8769 Willow Rd, Burbank, OH 44214
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    Nearby Similar for Sale

    • $1,200,000
      34,400 SF

      34,400 SF Warehouse For Sale

      34,400 SF warehouse on 1.74 acres, available March 2025.
      104 Lee St, Lodi, OH 44254
      View Details
    • $1,550,000
      10,725 SF

      Freestanding Building in Lodi, Ohio

      Well-maintained building in Lodi, Ohio, with high visibility.
      116 Ainsworth St, Lodi, OH 44254
      View Details
    • Contact for pricing
      1,715 SF

      Lodi Office Building - Great Potential

      Spacious Office, Updated, Prime Location
      113 Harris St, Lodi, OH 44254
      View Details

    FAQs

    What type of property is this?
    Distribution property - 34,890 SF Warehouse, 1.74 Acres
    Where is this distribution property located?
    The property is located at 104 Lee St Lodi, OH.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 34,400 square foot warehouse.; 1.74-acre site.; Asking price of $28.34 per square foot.
    Request Owner's contact information
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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
    104 Lee St Lodi, OH 44254
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