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Property profile & analytics
FOR SALE
Office buildings

1871 Henn Pkwy Lordstown, OH 44481

53,360 SF 14.99 ac lot Built 2006
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-1252921
Property summary
AI-generated overview

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
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Total area 53,360 SF
Lot 14.99 ac (652,964 SF)
APN 45-904158
UPID US66-1252921
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
by Request
Comparable Approach Comparable
$3.87M
Blend (final) Blend
$4.45M
Owner & transaction history
Clean Energy Future Trumbull LLC · 3 yrs held
Clean Energy Future Trumbull LLC
since 2022
5 recorded transactions
2022
Price N/A
2022
Price N/A
2019
$207,100
2016
$2.6M
2014
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $5.7M +77.4%
Commercial (general) $4.4M +37.2%
Restaurant $4.2M +31.8%
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