Technical
Financial
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Property profile

5610 Groveport Rd Groveport, OH 43125

OFF-MARKET
Refrigerated & Cold Storage
212,000 SF 1.86 ac lot
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Property summary

AI-generated overview

This exceptional Groveport, Ohio industrial property offers 212,000 square feet of versatile space, ideally suited for cold storage and warehousing operations. The facility boasts a substantial 36,000-square-foot refrigerated dock area (600' x 60'), featuring 60-foot-deep cold storage bays and a 30-foot clear height in the dock area. Seven 40,000 lb. vertical dock levelers (7'x6') are equipped with trailer restraints, electric doors, master control panels, and dock seals, ensuring efficient and secure loading and unloading. The property includes ample office space, comprising two 2,880-square-foot single-story offices and one 2,240-square-foot single-story office, providing comfortable administrative areas. With approximately 34,000 pallet positions, this facility offers significant storage capacity. The property sits on approximately 18.6 acres and includes approximately 178 parking spaces, accommodating both cars and trailers. The building features a 50-foot clear height in the freezer section, providing additional vertical storage space. A significant portion of the building (168,000 square feet) is convertible storage area, offering flexibility for various operational needs. The property's location in Groveport, Ohio, offers convenient access to major transportation routes, making it an ideal location for distribution and logistics businesses. The property's APN numbers are 185-002772; 180-000921; 185002774. This is a rare opportunity to acquire a well-equipped, large-scale cold storage and warehouse facility in a prime location.

Property profile

Verified
Property type Refrigerated & Cold Storage
Total area 212,000 SF
Lot 1.86 ac (81,022 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5610 Groveport Rd Groveport, OH 43125
Groveport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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