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Industrial Building-Income Producing Property 9755 Plank Rd 20,800 SF 100% Leased Industrial Building Montville, OH 44064 $800,000 ($38.46/SF) 6.83% Cap Rate
Investment Highlights
- Strong cash flow with value-add upside through leasing owner-occupied space
- Low-operating expenses with flexible industrial/commercial zoning
- 4 drive-in bays (900–7,800 SF) plus 5,100 SF of office space
Executive Summary
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.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$108,560
|
$5.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,560
|
$5.41
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$23,088
|
$1.15
|
| Net Operating Income |
$85,472
|
$4.26
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $108,560 |
| Annual Per SF | $5.41 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $108,560 |
| Annual Per SF | $5.41 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $23,088 |
| Annual Per SF | $1.15 |
| Net Operating Income | |
|---|---|
| Annual | $85,472 |
| Annual Per SF | $4.26 |
Property Facts
| Price | $800,000 | Building Class | B |
| Price Per SF | $38.46 | Lot Size | 2.98 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 20,800 SF |
| Cap Rate | 6.83% | No. Stories | 2 |
| Property Type | Industrial | Year Built/Renovated | 1976/2019 |
| Property Subtype | Warehouse | Parking Ratio | 1.92/1,000 SF |
| Zoning | Industrial | ||
| Price | $800,000 |
| Price Per SF | $38.46 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.83% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.98 AC |
| Rentable Building Area | 20,800 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2019 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | Industrial |
Utilities
- Water
- Sewer - Septic Field
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $129,960 (2025) | |
| Land Assessment | $13,560 (2025) | Total Assessment | $143,520 (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$13,560 (2025)
Improvements Assessment
$129,960 (2025)
Total Assessment
$143,520 (2025)
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Industrial Building-Income Producing Property | 9755 Plank Rd
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