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Property profile & analytics
OFF-MARKET Estimated value $62,420,000
Showrooms

44 Commerce Pkwy West Jefferson, OH 43162-9419

835,355 SF 33.23 ac lot Built 2021
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-5961866
Property summary
AI-generated overview

This exceptional Class A property, located at 44 Commerce Pkwy in West Jefferson, Ohio, offers an expansive 1,090,000 square feet of combined office and industrial space, currently available for sale. The property boasts a highly desirable location in Madison County, with convenient access to major transportation routes. The building features 2,825 square feet of existing office space, supplemented by two remote restroom pods, providing ample room for administrative functions. The warehouse component is equally impressive, showcasing a substantial 40-foot clear ceiling height, ideal for various industrial operations. A total of 190 dock-high doors are available, with 110 equipped with 40,000-pound levelers, ensuring efficient loading and unloading. Four additional drive-in doors (12' x 14') further enhance operational flexibility. The layout is optimized with 56'W x 50'D column spacing and 56'W x 60'D speed bays. Ample parking is provided with approximately 252 trailer parking spaces (with potential for 68 more) and approximately 209 car parking stalls. The building is equipped with ESFR sprinklers for enhanced fire safety and benefits from reliable power supplied by AEP, featuring two 2,000 amp services, 277/480 volt, 3-phase power. Modern 36,000 lumen lighting fixtures ensure a well-lit and productive work environment. The property is divisible, offering flexibility to suit a range of business needs. This is a rare opportunity to acquire a substantial, high-quality industrial/office complex in a prime Ohio location. The property's size, features, and location make it an exceptional investment opportunity.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2021
Total area 835,355 SF
Lot 33.23 ac (1,447,281 SF)
APN 12-00001.001
UPID US66-5961866
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$66.53M
Blend (final) Blend
$62.42M
Owner & transaction history
Sfg West Jefferson LLC · 3 yrs held
Sfg West Jefferson LLC
since 2022
Last sale
$63.3M
1 recorded transaction
2022
$63.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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