Property profile

265 State St Leetonia, OH 44431

OFF-MARKET
Manufacturing properties
Property ID
US66-2011967
47,726 SF 7.59 ac lot Built 1945
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional single-tenant industrial warehouse, located in Leetonia, Ohio, offers 46,126 square feet of versatile space. The property boasts a strategic location near downtown Leetonia, providing convenient access to local amenities and transportation routes. The warehouse features two dock-high doors and two drive-in doors, ensuring efficient loading and unloading operations. Power is ample, with a robust 3-phase, 800-amp electrical service. Beyond the building itself, this property includes a substantial 7.6-acre yard, offering ample space for storage, maneuvering, and expansion opportunities. The property is classified as industrial, with a warehouse subtype, and is situated in Columbiana County. This single-tenant occupancy presents a unique opportunity for businesses seeking a well-equipped and spacious facility in a convenient location. The substantial yard space and high-power electrical service make this property ideal for a variety of industrial uses. This is a rare opportunity to acquire a significant industrial property in a desirable location. The combination of size, features, and yard space makes this an attractive investment.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1945
Total area 47,726 SF
Lot 7.59 ac (330,808 SF)
APN 58-00786-000
UPID US66-2011967

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
  • Factory Production Facility
  • Factory Production Facility

Location

265 State St Leetonia, OH 44431-1173
Leetonia metro Census 950300 SALEM, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$635k
CAP Approach CAP
by Request
Comparable Approach Comparable
$649k
Blend (final) Blend
$635k

Owner & transaction history

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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