916 Kenton St Springfield, OH 45505-2164
- Truck terminals
- 12,330 SF
- 2.21 lot acres
Current Use by Public Records
- Truck terminals
Property Details for 916 Kenton St
- Year built
- 1956
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.21 lot acres
- Property size
- 12,330 SF
- Property type
- Truck terminals
- APN
- 340-07-00028-302-001
- APU
- 3400700028302001
Description
This exceptional Springfield, Ohio industrial property presents a significant opportunity. Located at 916 Kenton Street, this single-tenant warehouse boasts a substantial 13,150 square feet of vacant space, ready for immediate occupancy. The property sits on a generous 1.67-acre lot and comprises two buildings. High ceilings, ranging from 11 to 12 feet, provide ample vertical space for storage or operations. Efficient loading and unloading are ensured with six loading docks and nine dock-high doors, complemented by four drive-in doors. The property is powered by a robust 240-volt, 600-amp electrical system, suitable for demanding industrial applications. The zoning designation is M-1: General manufacturing district, offering flexibility for a wide range of businesses. Situated in Clark County, Ohio, with a Springfield address and 45505 zip code, this location offers convenient access to transportation routes and local amenities. This turnkey warehouse is perfect for businesses seeking a large, well-equipped space in a prime industrial location. The property's size, features, and zoning make it an attractive option for various industrial and manufacturing operations. The ample parking and convenient access further enhance its appeal. This is a rare opportunity to acquire a substantial warehouse in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $455,000
- 6.5%
- $425,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $425,000
- Mixed-Use
- $465,000
- Hospitality
- $515,000
- Educational
- $405,000
- Residential Income
- $390,000
- Energy
- $455,000
- Income-Based Land
- $420,000
- Food Service
- $440,000
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.7952
- Latitude
- 39.916
- CBSA code
- 44220
- CBSA name
- SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA