Property profile

479 Industrial Park Dr Waverly, OH 45690

OFF-MARKET
Distribution centers
Property ID
US66-4790692
84.08 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located just outside Waverly, OH, offers up to 154,002 square feet of versatile warehouse, distribution, and flex space. Strategically situated at the intersection of US-32 and US-23, it provides convenient four-lane access to major markets including Columbus, Cincinnati, and Charleston, WV. The building boasts a 28-foot clear height, ensuring efficient storage and operations. Twelve 8'x10' fully equipped truck docks, complete with lights, levelers, and locks, facilitate seamless loading and unloading. The spacious layout features 48'x48' column spacing, maximizing usable area. Safety and security are ensured by an ESFR sprinkler system. The property also includes heavy power, upgraded T-8 lights with motion sensors for energy efficiency, and durable 8-inch concrete floors. A standing seam metal roof provides long-lasting protection. Constructed in 1998 by Butler Steel and remodeled in 2013, this well-maintained building is zoned M-2 Industrial. This prime location and superior features make this an ideal space for a variety of industrial businesses.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Lot 84.08 ac (3,662,612 SF)
APN 21-025602.0000
UPID US66-4790692

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
  • Recycling Center Waste Management Facility

Location

479 Industrial Park Dr Waverly, OH 45690-1199
Waverly metro Census 952300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$19.28M

Owner & transaction history

since 2022
Last sale
$20.0M
4 recorded transactions
2022
Price N/A
2021
$20.0M
2019
Price N/A
2013
$25,000

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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