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225 Wetmore SE Ave Massillon, OH 44646-6788

OFF-MARKET Manufacturing properties Google Maps
0.11 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
Estimated value (blended)
$240k
Range $216k – $264k (±10%)
Property ID US66-3906915

Property summary

AI-generated overview

This exceptional industrial property at 225 Wetmore Ave SE in Massillon, Ohio, offers a unique opportunity for manufacturing businesses. The single, two-story building encompasses 265,429 square feet, situated on a substantial 6.36-acre lot (277,067 square feet). The property is classified as Class B and was constructed in 1940. Currently, there are two suites available, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 68,830 square feet. A significant 88,830 square feet is currently vacant, presenting considerable expansion potential. The building features impressive ceiling heights ranging from 35 to 39 feet, and boasts four dock-high doors for efficient loading and unloading. The property is zoned I-1 and is conveniently located in Stark County, Ohio, with the zip code 44646. Utilities include power. This property is ideal for businesses seeking flexible space options in a well-established industrial area. The ample land and building size provide significant room for growth and customization. Inquire today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Manufacturing properties
Use group ASSEMBLY (LIGHT INDUSTRIAL)
Lot 0.11 ac (4,792 SF)
APN 06-13460
UPID US66-3906915

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Big Box & Wholesale Store Discount Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2019
2 recorded transactions
2019
$880,800
2008
$450,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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