Property profile

2051 James Pkwy Heath, OH 43056

OFF-MARKET
Warehouses
156,240 SF
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Property summary

AI-generated overview

This exceptional single-tenant industrial property at 2051 James Parkway offers ±156,240 square feet of versatile manufacturing, warehouse, and distribution space. Currently, ±52,000 square feet is immediately available for lease, vacant and ready for occupancy. The space boasts impressive features including a 20' clear height, allowing for efficient storage and operations. The layout is well-designed with column spacing of 42' x 25', providing ample room for various industrial uses. Loading is facilitated by multiple dock doors, measuring 8'x8'-8" and 9'x8'-8". The property benefits from robust 277/480-volt 3-phase electric service, ensuring power needs are met. Modernization is evident with the installation of new LED lighting equipped with motion sensors, promoting energy efficiency. Strategically located, the property enjoys convenient access to major transportation routes, being only 4 miles from I-70, facilitating seamless logistics and distribution. The lease rate is $5.65 per square foot, net, with estimated operating expenses of $0.46 per square foot. This presents a compelling opportunity for businesses seeking a high-quality, well-located industrial space. The property's size and features make it suitable for a wide range of industrial operations. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Warehouses
Total area 156,240 SF

Cap rate & NOI

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

Location

2051 James Pkwy Heath, OH 43056
Heath metro
Google Maps

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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