Property profile

3188 Progress Way Wilmington, OH 45177

OFF-MARKET
Warehouses
Property ID
US66-3553394
121,600 SF 6.13 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Total area 121,600 SF
Lot 6.13 ac (267,023 SF)
APN 290-20-03-01-0000-00
UPID US66-3553394

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

Location

3188 Progress Way Wilmington, OH 45177-7711
Wilmington metro Census 964700 WILMINGTON, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$9.19M
Comparable Approach Comparable
$13.40M
Blend (final) Blend
$11.29M

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2021
Price N/A
2019
Price N/A
2016
$3.5M

Zoning & alternative use

Top alternative use upside
Office building $17.8M +93.1%
Auto repair, garage $17.3M +87.9%
Commercial (general) $16.7M +81.5%

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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