1022 Marks Rd | 1022 Marks Rd
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1022 Marks Rd 1022 Marks Rd
6,900 SF Industrial Building Valley City, OH 44280 $525,000 ($76/SF)
Investment Highlights
- 10’ x 10’ drive-in door, (1) 8’ x 10’ dock door, (1)10' x 14’ side door
- Exceptional opportunity for owner-occupiers and savvy investors alike
- 1,500 square feet of office space and a sprawling 5,400 square feet of versatile warehouse area
Executive Summary
This 6,900 square foot warehouse/office property boasts 1,500 square feet of office space and a sprawling 5,400 square feet of versatile warehouse area. The front office space and showroom features four offices and two restrooms, while the warehouse space offers a 10' x 10' drive-in door, an 8' x 10' dock door at the rear, and a 10' x 14' side door. Additionally, the warehouse is equipped with two restrooms, two utility sinks, and a well-appointed kitchenette. The property features a front paved parking lot and a side gravel driveway leading to the rear, offering ample maneuvering space for a 53' semi. Prominent signage on the street and the building itself ensures excellent visibility. Zoned as a Limited Manufacturing and Research District, this property allows for a wide range of uses, including manufacturing of electric/metal/wood products, tool and die, machine shops, repair shops, contractor shops, storage, etc.
Currently leased with the lease set to expire December 31, 2024, this property once accommodated two tenants with a dividing wall providing separate access doors, offices, warehouses, and restrooms. This remarkable property presents an exceptional opportunity for owner-occupiers and savvy investors alike, with its combination of office and warehouse space, rear access with drive-in and dock doors, and prime location.
Currently leased with the lease set to expire December 31, 2024, this property once accommodated two tenants with a dividing wall providing separate access doors, offices, warehouses, and restrooms. This remarkable property presents an exceptional opportunity for owner-occupiers and savvy investors alike, with its combination of office and warehouse space, rear access with drive-in and dock doors, and prime location.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Taxes | $4,081 | $0.59 |
Operating Expenses | - | - |
Total Expenses | $4,081 | $0.59 |
Taxes & Operating Expenses (Actual - 2023)
Taxes | |
---|---|
Annual | $4,081 |
Annual Per SF | $0.59 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $4,081 |
Annual Per SF | $0.59 |
Property Facts
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PROPERTY TAXES
Parcel Number | 025-01B-33-003 | Total Assessment | $88,510 |
Land Assessment | $20,210 | Annual Taxes | $4,081 ($0.59/SF) |
Improvements Assessment | $68,300 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
025-01B-33-003
Land Assessment
$20,210
Improvements Assessment
$68,300
Total Assessment
$88,510
Annual Taxes
$4,081 ($0.59/SF)
Tax Year
2023
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1022 Marks Rd | 1022 Marks Rd
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