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Property profile & analytics
FOR LEASE
Manufacturing properties

521 S Market St Galion, OH 44833

3.22 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-4828950
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k
Owner & transaction history
Curtis J Groves · 3 yrs held
Curtis J Groves
since 2023
Last sale
$650,000
1 recorded transaction
2023
$650,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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