Property profile

521 S Market St Galion, OH 44833

FOR LEASE
Manufacturing properties
Property ID
US66-4828950
3.22 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Galion, Ohio industrial property offers 140,000 square feet of contiguous warehouse space, perfect for a variety of manufacturing or storage needs. The building, constructed in 1908, is a three-story Class C structure situated on a 4.585-acre lot. The property features 128,000 square feet of immediately available space, making it an ideal solution for businesses seeking quick occupancy. The warehouse boasts a 14-foot ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by four loading docks and one drive-in door. The property also includes 60 total parking spaces to accommodate employees and visitors. The building is equipped with three-phase power and elevators for efficient material handling and vertical transportation. The property is zoned for general industrial use, offering flexibility for various business types. Located near E. Parson, this warehouse provides convenient access to transportation routes. The property's APN is 190024539.001. The lease rate is $0.30 per square foot per month, and the space can be divided to accommodate smaller tenants. Don't miss this opportunity to secure a substantial and well-located warehouse space.

Property profile

Verified
Property type Manufacturing properties
Use group ASSEMBLY (LIGHT INDUSTRIAL)
Lot 3.22 ac (140,263 SF)
APN 19-0024539.001
UPID US66-4828950

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

521 S Market St Galion, OH 44833
Galion metro Census 975100 BUCYRUS, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

since 2023
Last sale
$650,000
1 recorded transaction
2023
$650,000

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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