479 Industrial Park DrWaverly, OH 45690

  • Distribution centers
  • 84.08 AC

Property Details for 479 Industrial Park Dr

Lot size
84.08 AC
Property type
Distribution centers
APN
21-025602.0000
APU
210256020000

Description

This exceptional industrial property, located just outside Waverly, OH, offers up to 154,002 square feet of versatile warehouse, distribution, and flex space. Strategically situated at the intersection of US-32 and US-23, it provides convenient four-lane access to major markets including Columbus, Cincinnati, and Charleston, WV. The building boasts a 28-foot clear height, ensuring efficient storage and operations. Twelve 8'x10' fully equipped truck docks, complete with lights, levelers, and locks, facilitate seamless loading and unloading. The spacious layout features 48'x48' column spacing, maximizing usable area. Safety and security are ensured by an ESFR sprinkler system. The property also includes heavy power, upgraded T-8 lights with motion sensors for energy efficiency, and durable 8-inch concrete floors. A standing seam metal roof provides long-lasting protection. Constructed in 1998 by Butler Steel and remodeled in 2013, this well-maintained building is zoned M-2 Industrial. This prime location and superior features make this an ideal space for a variety of industrial businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,438,750,000
    6.5%
    $1,328,080,000
    7%
    $1,233,210,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $548,161,000
    Geo Method
    $548,161,000
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $669,956,000
    Mixed-Use / Specialty
    $658,841,000
    Hospitality / Lodging
    $472,009,000
    Office
    $645,838,000
    Institutional / Educational
    $681,810,000
    Residential Income
    $797,718,000
    Multifamily
    $1,005,120,000
    Automotive / Energy
    $584,409,000
    Parking / Income-Based Land
    $210,294,000
    Restaurant / Food Service
    $324,044,000
    Healthcare / Senior Housing
    $684,578,000

Location Insight

City
Waverly
County
Pike
State
Ohio
Latitude
39.0805
Longitude
-82.9716

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$295,336
$404,660
$6,878,900
$7,283,560
-
$1,156,160
$19,654,000
$20,810,160

FAQs

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