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500 Industrial Pkwy Fayette, OH 43521

Manufacturing properties Google Maps
57,744 SF 7.1 ac lot Built 1966
Entity Owned ~ Est. High Equity
Estimated value (blended)
$640k
Range $576k – $704k (±10%)
Property ID US66-4586839

Property summary

AI-generated overview

This exceptional 57,744-square-foot manufacturing facility is situated on a spacious 7.1-acre lot at 500 E. Industrial Parkway in Fayette, Ohio, zip code 43521. Built in 1966, this single-story building offers a functional layout ideal for various manufacturing operations. The property boasts a substantial 11'-14'11" ceiling height, providing ample vertical space for equipment and processes. Loading and unloading are facilitated by eight dock-high doors and one loading dock. Power is robust, featuring 1100 Amps and 480-3 phase electric service. The property is zoned for Industrial Light Manufacturing, ensuring flexibility for a range of uses. The location is convenient, with cross streets at Co Rd 23 and Co Rd 24, and is classified as being outside the metro area. The Fulton County location offers access to key transportation routes and a supportive business environment. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. The property's APN is 19-039152-00.000. This is a rare opportunity to acquire a substantial, well-located manufacturing facility in a desirable Ohio location. The property's size, features, and location make it an attractive option for businesses seeking a significant footprint in a growing area.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1966
Total area 57,744 SF
Lot 7.1 ac (309,276 SF)
APN 19-039152-00.000
UPID US66-4586839

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
$665k
Blend (final) Blend
$640k

Owner & transaction history

since 2025
Last sale
$700,000
2 recorded transactions
2025
$700,000
2005
$310,000

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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More about this property
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