7 School St, Laura, OH 45337
For Sale
1 / 3
This exceptional industrial warehouse, located at 7 School St, Laura, OH 45337, presents a compelling investment opportunity. Boasting 28,000 square feet of space, this two-story building, constructed in 1969, is zoned L-1 (Light Industrial) and features four dock-high doors for efficient loading and unloading. The property includes a functional freight elevator and a conveyor system, enhancing operational efficiency. The warehouse also benefits from a recently upgraded energy-efficient LED lighting system, reducing operational costs. Adding to its appeal is a secure, fenced outdoor storage area, providing ample space for additional inventory or equipment. The asking price is $299,000, translating to a competitive price per square foot of $10.68. The property's features include a 10-foot ceiling height and an air compressor. The property's APN is L36-002240, L36-002260, & L36-001200. This warehouse offers significant potential for a variety of industrial uses and represents a strong value in the current market. The price has been significantly reduced, making this an even more attractive proposition. Competitive lease rates are also available. Don't miss this chance to acquire a well-equipped 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
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.