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Property profile & analytics
OFF-MARKET Estimated value $1,010,000
Office Spaces

1500 Main St Louisville, OH 44641-2325

13,728 SF 35.2 ac lot Built 1962
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US66-0067021
Property summary
AI-generated overview

This exceptional industrial property, located at 1500 W Main St, Louisville, Ohio 44641, offers a substantial 626,190 square feet of manufacturing space situated on a generous 44.04-acre lot. The building boasts impressive features designed for efficient and large-scale operations. Access is facilitated by 5 truck docks and 14 drive-in doors, ensuring seamless loading and unloading. The facility is equipped with a comprehensive crane system, including 23 bridge cranes, along with multiple jib and monorail cranes, providing versatile material handling capabilities. Ceiling heights range from 33 feet to 40 feet, accommodating a variety of equipment and processes. The property includes a sprinkler system for fire protection and ample parking with 150 spaces available. This strategically located Stark County property presents a rare opportunity for businesses seeking a large-scale, well-equipped manufacturing facility. Its size, features, and location make it an ideal choice for companies requiring significant space and robust infrastructure. The property's extensive acreage also allows for future expansion or development. This is a turnkey solution for businesses seeking immediate occupancy and operational readiness.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1962
Construction BRICK
Total area 13,728 SF
Lot 35.2 ac (1,533,312 SF)
APN 36-05753
UPID US66-0067021
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$705k
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.01M
Owner & transaction history
Jewel Acquisition LLC · 22 yrs held
Jewel Acquisition LLC
since 2004
1 recorded transaction
2004
$4.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.6M +109.5%
Auto repair, garage $1.4M +78.7%
Medical building $1.3M +63.4%
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