9755 Plank Rd - Warehouse FOR SALE


Montville, OH 44064
$800,000 USD
216-219-0290
9755 Plank Rd, Montville, OH for Sale
$800,000 USD
Warehouse - FOR SALE
1/6
null | 6.83% Cap Rate

9755 Plank Rd
Montville, OH 44064


HIGHLIGHTS

  • Strong cash flow with value-add upside through leasing owner-occupied space
  • 4 drive-in bays (900–7,800 SF) plus 5,100 SF of office space
  • Low-operating expenses with flexible industrial/commercial zoning

OVERVIEW

Prime Multi-Tenant Industrial Investment Opportunity in Montville Township! This highly functional industrial complex offers immediate stable cash flow with exceptional value-add potential. A diverse, income-producing asset featuring four massive drive-in bays (ranging from 900 to 7,800 SQFT) and 5,100 SQFT of dual-floor corporate office space. The property features a strong, diversified tenant mix with one large owner-occupied space that could be used for an additional tenant. Cap rate would be significantly increased by leasing the current owner-occupied space which is not producing any rent. Landlord overhead is kept exceptionally low: leases require tenants to manage their own interior HVAC/plumbing maintenance, while shared utilities are submetered or prorated. Zoning allows for many uses ranging from light industrial to commercial to specific retail businesses. Perfect for an investor looking for a low-management, inflation-resistant asset or an owner-user wanting future expansion space. Do not miss out on this dominant regional footprint—call today for the full offering memorandum, current cap rate, and rent rolls.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

6.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial Building-Income Producing Property

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

UTILITIES

Water, Sewer - Septic Field

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.98

LAND SF

129,809

ZONING

Industrial

APN/PARCEL ID

20-004800,20-004820,20-006300

ASK ABOUT THIS PROPERTY

Rick Osborne Jr.The Osborne Group - KW CommercialMore Info
216-219-0290

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Rick Osborne Jr.The Osborne Group - KW CommercialMore Info
216-219-0290

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