2395 Rock Rd Ashland, OH 44805
This exceptional industrial property, located at 2395 Rock Rd, Ashland, OH 44805, presents a compelling owner-user opportunity. The property encompasses two buildings totaling approximately 29,300 square feet on a generous 8.56-acre lot. Building A, a 25,300 square foot flex warehouse, features approximately 17,300 square feet of warehouse space, 6,600 square feet of office space, a break room, two loading docks, and one drive-in door. Building B offers approximately 4,000 square feet of space (50' x 80') with two drive-in doors (12' x 14'). The property boasts ample parking with 46 spaces and is conveniently zoned M-1 Light Industry within Ashland city limits. Built in 2007, this single-story property is currently leased, but an early termination option is available. The asking price is $2,300,000, with an occupancy date of September 23, 2024. This property offers a unique blend of warehouse and office space, making it ideal for a variety of businesses seeking a versatile and well-located industrial facility. The substantial lot size provides ample room for expansion or future development. Serious inquiries are encouraged to explore this attractive investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.