2959 Us-23 Alvada, OH 44802
This exceptional 8.42-acre industrial campus presents a unique opportunity for owner-occupancy or investment. The property boasts three industrial buildings totaling 40,662 square feet, offering versatile space for various manufacturing and warehousing needs. A significant feature is the substantial 10,701 square feet of executive-style office space, ideal for administrative functions or corporate headquarters. The campus also includes a 12,111 square foot industrial shop, an 8,750 square foot industrial warehouse, and a 1,100 square foot wash bay, catering to diverse operational requirements. Ample outside storage and trailer drop areas are available, enhancing logistical efficiency. The property benefits from a recent LED lighting upgrade in the parking lot, improving both functionality and energy efficiency. The entire lot is fully paved, fenced, and secured with an automatic gate, ensuring safety and controlled access. Strategically located at the intersection of US-23 and US-224, this property offers excellent visibility and convenient access to major transportation routes. This single-tenant property in Seneca County is available for purchase, presenting a compelling investment prospect for both end-users and multi-tenant investors seeking a high-quality industrial asset.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.