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Property profile & analytics
FOR SALE
Warehouses

905 Farnsworth Rd Waterville, OH 43566

7,470 SF Built 1945
Property ID
US66-0246248
Property summary
AI-generated overview

This exceptional investment opportunity presents a 7,470 square foot warehouse situated on a 0.525-acre lot (23,086.8 sq ft) in Waterville, Ohio, at 905 Farnsworth Road, zip code 43566. The property, currently offered at $400,000 ($53.50/sq ft), consists of two buildings. Building 1 features 1,152 square feet of office space, including a men's and women's restroom, a private office, an open work area, and a large conference room, plus a 2,248 square foot warehouse. Building 2 offers an additional 2,448 square feet of warehouse space with two drive-in doors. Building 1's roof was re-roofed in 2007 with seam repairs completed in October 2024. Note that the wood siding on Building 1 requires replacement. The property benefits from high-demand M1 zoning, allowing for diverse uses. High visibility frontage enhances the office space's appeal. All existing furnishings are included in the sale. Please note that some photos reflect the property before and after cleanup efforts. This sale is subject to court approval. The property was built in 1945.

Property profile
Verified
Property type Warehouses
Year built 1945
Total area 7,470 SF
UPID US66-0246248
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
Current use
Occupant on record · Public records
  • Impact With Hope Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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