214 2nd St Piqua, OH 45356-4016
This exceptional 2,400 square foot warehouse, located at 214 2nd Street in Piqua, Ohio (zip code 45356), presents a compelling investment opportunity at an asking price of $120,000. The property consists of a single building with a substantial 13-foot ceiling height, ideal for various industrial uses. The warehouse features convenient floor drains, ample outside storage space, and a clear span design maximizing usable area and flexibility. Adding to its functionality are existing office spaces within the building, providing a dedicated area for administrative tasks. The property benefits from its strategic location, offering quick and easy access to I-75, enhancing logistical efficiency and transportation convenience. Further enhancing its utility is an included air compressor, a valuable asset for many industrial operations. This warehouse is situated in Miami County, Ohio, and provides a rare combination of space, features, and accessibility at an attractive price point. This property is ready for immediate occupancy and presents a strong return on investment potential.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.