850 Carpenter Rd Defiance, OH 43512-1726
This exceptional 29,226-square-foot industrial property, located at 850 Carpenter Rd in Defiance, Ohio, presents a unique investment opportunity. The single-tenant building, constructed in 1975, sits on a four-acre lot and boasts a flexible layout ideal for a variety of uses. The space is currently vacant and comprises approximately 9,000 square feet of renovated office space and over 20,000 square feet of warehouse space. Previous uses have included office, customer service, warehouse, showroom, and wholesale operations, demonstrating its adaptability. The property features a fenced side yard and benefits from an adjacent vacant lot, offering potential for expansion or additional parking. Its M-3 zoning allows for diverse industrial applications. The high-visibility location in Defiance, Ohio (zip code 43512), ensures excellent accessibility and exposure. The property's single-story design and ample space make it an attractive option for businesses seeking a functional and versatile industrial facility. The APN is I060013A00900
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.