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Property profile & analytics
OFF-MARKET
Warehouses

550 Folkerth Ave Sidney, OH 45365-9008

5,050 SF 1.04 ac lot Built 1990
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-0886649
Property summary
AI-generated overview

This exceptional Shelby County industrial property, located at 550 Folkerth Avenue, offers a rare opportunity to lease or purchase a versatile space. The property boasts two buildings totaling 5,069 square feet, situated on a 1.04-acre lot with high visibility from Interstate 75. One building comprises 3,446 square feet, ideal for office and storage needs, featuring a well-designed layout to maximize functionality. The second building, at 1,623 square feet, is equipped with two overhead doors, making it perfect for warehouse or storage applications, or a variety of other uses. The entire 5,069 square feet is currently vacant and available for immediate occupancy. The minimum divisible space is 1,623 square feet, while the maximum contiguous space available is 3,446 square feet. Multiple tenancy options are available. A significant advantage is the availability of an adjacent 3.2-acre fenced parcel for an additional $250,000, providing ample room for expansion or future development. This prime location and flexible space make this property an excellent investment for businesses seeking a strategic presence in Shelby County. The property's high-traffic visibility from Interstate 75 ensures excellent exposure and accessibility. Don't miss this chance to secure a versatile and strategically located industrial property.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1990
Total area 5,050 SF
Lot 1.04 ac (45,215 SF)
APN 01-1826302.005
UPID US66-0886649
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Seva At Sidney 1 LLC · 3 yrs held
Seva At Sidney 1 LLC
since 2023
Last sale
$400,000
1 recorded transaction
2023
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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