550 Folkerth Ave Sidney, OH 45365-9008
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.