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Property summary
This exceptional 53,360 square foot flex/warehouse building in Warren, Ohio, presents a unique investment opportunity. Located on a 15-acre lot, the property boasts 30-foot ceilings, six loading docks, and a 480V 3ph 2000A electrical service. Built in 2007 for vinyl extrusion, the fully sprinklered building is designed for efficient heat dissipation and features 8-12 inch thick floors. Its strategic location immediately adjacent to two high-capacity natural gas turbine power plants (Lordstown Energy Center and the soon-to-be-operational Trumbull Energy Center) offers unparalleled access to a 345 KVa transmission line, ideal for a data center or other high-power applications. The property currently generates substantial rental income from a construction company leasing the space until early 2026. This provides a buyer with immediate cash flow while allowing ample time to plan and execute future development. The substantial acreage allows for expansion, with enough space to construct an additional 50,000+ square foot building. The property also benefits from abundant municipal water and sewer services, making it exceptionally well-suited for a variety of industrial uses, including a data center. The asking price is $7,500,000, representing a price per square foot of $140.55. This is a rare opportunity to acquire a high-power industrial property with significant upside potential in a rapidly developing area. The buyer can leverage the existing lease income, secure access to high-capacity power, and potentially collaborate with the current tenant on future building expansion.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lordstown market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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