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    FOR SALE
    Warehouses

    237 State Rd, Ashtabula, OH 44004

    11,200 SF 0.9 ac lot Built 1979
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US66-2759936
    Property summary
    AI-generated overview

    This exceptional 10,452-square-foot industrial building, situated on a 2-acre lot in Ashtabula, Ohio (44004), presents a compelling investment opportunity. Constructed in 1979 and extensively renovated in 2019, this two-story structure boasts a versatile layout ideal for manufacturing operations. The property features 8,580 square feet of shop space, complemented by 1,872 square feet of storage/loft space above a well-appointed office area. The office space encompasses approximately 1,872 square feet and includes a conference room, two private offices, a bullpen area, a kitchenette, a locker room, and restrooms. The shop area is equipped for heavy-duty work, featuring 3-phase power and two 5-ton cranes. Access is convenient via two drive-in doors: one measuring 12' x 13' on the north side and another measuring 13'6" x 14'10" on the west side. The property is zoned M-1 and includes three APNs: 03-029-057-01, 03-029-00-057-02, and 03-029-00-057-03. Currently vacant, this property is priced at $325,000 ($31.09 per square foot). Bitcoin offers are accepted.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1979
    Total area 11,200 SF
    Lot 0.9 ac (39,204 SF)
    APN 03-029-00-057-02
    UPID US66-2759936
    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
    Current use
    Occupant on record · Public records
    • Refuse Equipment & Truck Services Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Coach Truck & Tractor LLC · 19 yrs held
    Coach Truck & Tractor LLC
    since 2006
    1 recorded transaction
    2006
    $185,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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