For Sale
$2,400,000
126 New Pace Rd Newcomerstown, OH 43832
Multi-tenant industrial warehouse, high occupancy.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $2,400,000 asking price for this value-add industrial property.
- 55,500 square foot warehouse on a 2.557-acre lot in Newcomerstown, Ohio.
- Multi-tenant property with three tenants, currently 100% occupied, generating a $211,667 NOI and an 8.82% cap rate.
- Gross lease structure with 1.1 years remaining on the current leases.
- Features include six dock-high doors, four drive-in doors, a sprinkler system, and ceiling heights ranging from 14' to 21', including clear span construction in one bay.
- Ample electrical capacity with varying amperage and voltage in different bays.
Property Details for 126 New Pace Rd
- Property type
- Warehouses, Industrial properties
- Square Feet
- 55,500 SF
- Year Built
- 1972
- Buildings
- 1
- Lot Size (sq. ft)
- 111,383 SF
Location Insight
- City
- Newcomerstown
- County
- Tuscarawas
- State
- Ohio
- Latitude
- 40.2758774
- Longitude
- -81.5985877
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - Multi-tenant industrial warehouse, high occupancy.
- Where is the warehouse located?
- The property is located at 126 New Pace Rd Newcomerstown, OH.
- What is the asking price?
- The asking price for this property is $2,400,000.
- What are key features of this property?
- This property features: $2,400,000 asking price for this value-add industrial property.; 55,500 square foot warehouse on a 2.557-acre lot in Newcomerstown, Ohio.; Multi-tenant property with three tenants, currently 100% occupied, generating a $211,667 NOI and an 8.82% cap rate.
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