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Property profile & analytics
OFF-MARKET
Manufacturing properties

1022 Marks Rd Valley City, OH 44280-9777

6,900 SF 1 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-1149372
Property summary
AI-generated overview

This exceptional 6,900 square-foot industrial property in Valley City, Ohio, offers a compelling blend of warehouse and office space, ideal for owner-occupiers or investors. The warehouse component encompasses 5,400 square feet, boasting a 14.2-foot ceiling height, a 10' x 10' drive-in door, an 8' x 10' dock door, and a 10' x 14' side door. Conveniently located within the warehouse are a kitchenette, two restrooms, and two utility sinks. The 1,500-square-foot office/showroom area features four private offices and two additional restrooms. The property sits on approximately one acre, providing ample space with a paved front parking lot and gravel side and rear driveways, easily accommodating 53-foot semi-trucks. The building has a frontage of approximately 111 feet and a depth of approximately 367.3 feet. Power is single-phase, 220V. Zoned for Limited Manufacturing and Research, this property is suitable for a variety of uses. Annual property taxes are $4,081.80. The property is available at the end of December 2024 or sooner. This property previously housed two tenants, with a dividing wall offering separate access points, offices, warehouse areas, and restrooms. Its combination of features, including rear access, multiple doors, and prime location, makes it a highly attractive investment opportunity.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 6,900 SF
Lot 1 ac (43,560 SF)
APN 025-01B-33-003
UPID US66-1149372
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cyclemax Auto Parts Store Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Grindstone Mechanical LLC · 1 yrs held
Grindstone Mechanical LLC
since 2025
Last sale
$500,000
3 recorded transactions
2025
Price N/A
2025
$500,000
2013
$250,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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