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    Nickle Plate Ave Conneaut, OH 44030

    Sponsored
    For Sale
    $120,000

    Prime Industrial Property, Railroad Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Conneaut, Ohio industrial property presents a unique investment opportunity. The offering encompasses a substantial 1942-square-foot block building situated on a sizable 0.47-acre lot. Benefiting from its strategic location alongside the railroad, this property offers unparalleled access to efficient transportation and logistics networks. The building's robust construction ensures durability and longevity, making it suitable for a wide range of industrial applications. The zoning designation is M-1 Industrial, allowing for diverse operational possibilities, subject to local ordinances and permitting requirements. This versatility makes the property attractive to a broad spectrum of businesses seeking a functional and well-situated space. The expansive lot provides ample room for expansion, storage, or outdoor operations, further enhancing its appeal. The property's solid structure, combined with its convenient railroad access and flexible zoning, presents a compelling proposition for entrepreneurs and investors alike. This is a rare chance to acquire a well-positioned industrial asset in a thriving location. Detailed information regarding permitted uses under the M-1 zoning classification is readily available through the appropriate municipal channels. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price reflects the property's inherent value and market position.

    Property Features for Nickle Plate Ave

    General Information

    Property type
    Industrial properties
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Conneaut
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.55164
    Latitude
    41.94627

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    FAQs

    What type of property is this?
    Industrial property - Prime Industrial Property, Railroad Access
    Where is this industrial property located?
    The property is located at Nickle Plate Ave Conneaut, OH.
    What is the asking price?
    The asking price for this property is $120,000.
    (440) 255-5500
    Request Owner's contact information
    Nickle Plate Ave Conneaut, OH 44030
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    Conneaut, OH 44030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nickle Plate Ave Conneaut, OH 44030
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