1871 Henn Pkwy Lordstown, OH 44481
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.