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Property profile & analytics
OFF-MARKET Estimated value $1,790,000
Industrial properties

1750 Commerce Dr Piqua, OH 45356-2602

45,900 SF 5.63 ac lot Built 1984
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-1597710
Property summary
AI-generated overview

This exceptional 50,100 square foot industrial property, located at 1750 Commerce Drive in Piqua, Ohio, presents a unique opportunity for businesses seeking flexible and expansive space. The property consists of two buildings totaling 50,100 square feet, offering a minimum divisible space of 12,320 square feet and the potential to lease the entire 50,100 square feet contiguously. Built in 1984 and renovated in 1994, the property features high ceilings ranging from 17'6" to 22'7", catering to diverse operational needs. The property boasts excellent loading capabilities with three loading docks and two dock-high doors, complemented by three drive-in doors for convenient access. Ample parking is available with 31 spaces. The property is zoned M1-Light Industrial and sits on a generous 5.628-acre lot in Miami County (zip code 45356). Electrical service includes 3-phase, 480/277-volt power. The property is currently fully vacant and ready for immediate occupancy. This versatile space is ideal for a variety of industrial and executive office uses, offering a combination of warehouse, manufacturing, and office space. The property's size, features, and location make it an attractive option for businesses seeking a strategic presence in Piqua, Ohio.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1984
Total area 45,900 SF
Lot 5.63 ac (245,156 SF)
APN N44-100525
UPID US66-1597710
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
  • Proto Mold Products Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$1.79M
Owner & transaction history
Skylars LLC · 1 yrs held
Skylars LLC
since 2024
Last sale
$2.4M
3 recorded transactions
2024
$2.4M
2023
Price N/A
2021
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $2.9M +72.8%
Retail stores $2.1M +26.7%
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