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Property profile & analytics
OFF-MARKET Estimated value $1,430,000
Warehouses

425 Napoleon Rd Bowling Green, OH 43402-4696

59,458 SF 3.6 ac lot Built 1949
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US66-6085482
Property summary
AI-generated overview

This exceptional 58,112-square-foot industrial property, located on S. Main St, offers a unique blend of flex and warehouse space ideal for a variety of businesses. The single-story building, constructed in 1949 and renovated in 1974, boasts a 22-foot ceiling height, providing ample room for storage and operations. The property sits on a generous 3.6-acre lot and features 50+ parking spaces, ensuring convenient access for employees and clients. Currently, there are nine suites available, with a minimum divisible space of 4,387 square feet and a maximum contiguous space of 13,582 square feet. A significant 27,164 square feet of space is currently vacant, presenting a prime opportunity for immediate occupancy. The property is zoned M-1 Light Industrial, and building plans and site plans are available upon request. Municipal utilities are in place. This well-maintained property presents a rare opportunity to secure a substantial industrial space in a desirable location. The property's history and recent renovations combine to offer a functional and adaptable space ready for immediate use. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1949
Total area 59,458 SF
Lot 3.6 ac (156,816 SF)
APN B07-511-3001-45-013.000
UPID US66-6085482
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
  • Market Wagon Northwest Ohio Specialty Food Shop Farmer's Market
  • Paramedia Corporate Office
  • Mac's Lunch Wagon Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.43M
Owner & transaction history
Wooster Street Apartments LLC · 19 yrs held
Wooster Street Apartments LLC
since 2006
3 recorded transactions
2022
Price N/A
2006
$600,000
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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