44 Commerce Pkwy West Jefferson, OH 43162-9419
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.