126 New Pace Rd - Warehouse FOR SALE


Newcomerstown, OH 43832
$2,400,000 USD
614-809-5263
126 New Pace Rd, Newcomerstown, OH for Sale
$2,400,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

Feb '27


126 New Pace Rd
Newcomerstown, OH 43832


HIGHLIGHTS

  • Functional layout includes approximately 52,000 SF warehouse and 3,000 SF office space.
  • Functional loading with six dock doors and four drive-in doors.
  • Features 14’–21’ clear heights, heavy 3-phase power, wet sprinklers, and masonry construction.
  • Recent roof improvements completed with long-term warranties in place.
  • Offered at $2,400,000, equating to approximately $43.64/SF, well below replacement cost for functional industrial product.

OVERVIEW

Existing tenants are to vacate within 6 months of property being sold. They are on 1-year leases and have been in the property for several years. The ±55,567 SF property presents a rare opportunity to acquire industrial space at a basis significantly below replacement cost while offering a highly versatile layout with strong loading capabilities, heavy power, warehouse clear heights up to 21’, and strategic access to major Midwest population centers including Columbus, Cleveland, Pittsburgh, and Cincinnati. Supported by a deep regional labor pool with a strong concentration of skilled trades and manufacturing employees, the property is well-suited for owner/users seeking an affordable and efficient operational hub for manufacturing, warehousing, fabrication, or regional distribution. In a market with limited new industrial development and tight vacancy, the asset provides long-term operational flexibility within a stable industrial region. • ±55,567 SF industrial owner/user opportunity located at 126 New Pace Rd. in Newcomerstown, Ohio. • Offered at $2,400,000, equating to approximately $43.64/SF, well below replacement cost for functional industrial product. • Functional layout includes approximately 52,000 SF warehouse and 3,000 SF office space. • Functional loading with six dock doors and four drive-in doors. • Features 14’–21’ clear heights, heavy 3-phase power, wet sprinklers, and masonry construction. • Recent roof improvements completed with long-term warranties in place. • Access to a regional labor pool of 132,000+ employees and 10,400+ businesses within 45 minutes. • Strong manufacturing workforce, with manufacturing representing 21% of Tuscarawas County employment. • Tight Canton-area industrial vacancy of approximately 3.4% with minimal new supply underway.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14.166666666666666 Ft

DOCKS

6

DRIVE INS

3

PARKING SPACES

395

LAND DETAILS

LAND ACRES

2.56

LAND SF

111,514

ZONING

Industrial

APN/PARCEL ID

4502442000

ASK ABOUT THIS PROPERTY

Joshua BakerEquity, LLCMore Info
614-809-5263

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Joshua BakerEquity, LLCMore Info
614-809-5263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.