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Zanesville Commercial Property with Warehouse
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999 Zane St, Zanesville, OH

Commercial property with office, showroom, and warehouse space for sale.

Property Size33,712 SF
Lot Size8.30 Acres
Price / SF$50.43
Days on Market1033

Property Features for 999 Zane St

General Information

Standard status Active
Size 33,712 SF
Lot size 8.30 Acres
Property subtype INDUSTRIAL
Listing Agency: SHAI-Hess Commercial Real Estate
Listed By: J. Park Shai III
Source: Moodyscre
Added: Oct 4, 2023 Changed: Jul 6 Last Checked: Jul 21 at 4:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHAI-Hess Commercial Real Estate

Investment Insights

Based on property information with market context.

This commercial property is located in Zanesville, Ohio, just off State Route 60 and a quarter mile from Interstate 70. The property, subject to lot split and approval by local governing offices, is approximately 2.5 acres. The main office and showroom building offers 5,925 square feet of space. The property also includes second-floor offices and a warehouse with three docks. The warehouse features eleven 14-foot garage doors, 16-foot ceilings, and a five-bay garage with 11-foot doors. The total property size is 33,712 square feet.

Key Highlights

  • Prime commercial location: Just off SR‑60 and 1/4 mile to I‑70 in Zanesville.
  • Substantial warehouse space: Features (11) 14' garage doors and 16' ceilings.
  • Includes 3 docks for efficient loading and unloading.

Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $214.4k $6.36
− Vacancy −$18.1k −$0.54
EGI $196.4k $5.82
− OpEx −$68.7k −$2.04
NOI $127.6k $3.79
33,712 SF · lease $6.36/SF/yr · vacancy 8.42% · expense 35.00%

Alternative Uses

Best Use
Warehouse
$3.62M
$3.16M – $4.22M (±1% cap)
NOI $253,179 @ 7.0% cap · market cap 14.89%
Second Best
Industrial
$2.98M
$2.61M – $3.48M (±1% cap)
NOI $208,500 @ 7.0% cap · market cap 12.26%
Theoretical Best
Office A
$7.32M
$6.40M – $8.54M (±1% cap)
NOI $512,185 @ 7.0% cap · market cap 30.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Seth Enterprises Trucking Company The Buckeye Companies, Inc. Real Estate Agency Buckeye Supply Co Factory

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Electrical Service Parking Lot & Garage Bakery Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby
Balanced
Demand for This Use

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Flagg Mini-Storage — 300 Adair Avenue, 1901 Hoge Ave, Zanesville, OH 43701
  • ABC Mini Storage — 1071 Linden Ave, Zanesville, OH 43701
  • Imperial Storage — Zanesville, OH 43701

Frequently Asked Questions

What type of property is this?
Warehouse - Commercial property with office, showroom, and warehouse space for sale.
Where is this warehouse located?
The property is located at 999 Zane St Zanesville, OH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime commercial location: Just off SR‑60 and 1/4 mile to I‑70 in Zanesville.; Substantial warehouse space: Features (11) 14' garage doors and 16' ceilings.; Includes 3 docks for efficient loading and unloading.
(740) 404-0665 Call to check price and availability
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