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    940 SE Catawba Rd Port Clinton, OH 43452

    For Sale
    $2,495,000

    Corner property in Ohio's Vacationland, ideal for development.

    Property size:
    2,303 SF
    Lot size:
    2.28 Acres

    Property Features for 940 SE Catawba Rd

    General Information

    Size
    2,303 SF
    Lot size
    2.28 Acres

    Source: CBRE | Cleveland Agent Mike Petrigan, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Land for Development

    This corner property is located in Ohio's Vacationland, which recorded over 13 million visitors in 2023. It is the last corner property available for development in the area. The location benefits from high vehicle per day (VPD) counts during the summer months, with annual averages of 19,903 VPD on Route 2 and 9,025 VPD on SE Catawba Road. The site is positioned in an area with travel and leisure destinations, with retailers and amenities including fast food and quick-service restaurants, full-service restaurants, self-storage facilities, entertainment options, and local small businesses. The property has a size of 2303 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    JDM Outdoors of Port ... Shed Builder

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Clinton
    County
    Ottawa
    State
    Ohio
    Longitude
    -82.8596636
    Latitude
    41.5085981

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    FAQs

    What type of property is this?
    Commercial land - Corner property in Ohio's Vacationland, ideal for development.
    Where is this commercial land located?
    The property is located at 940 SE Catawba Rd Port Clinton, OH.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Last corner property available for development in the area.; - Located in Ohio's Vacationland, a major tourist destination (13M+ visitors in 2023).; - High traffic volume, especially during peak season (19,903 VPD on Route 2).
    (216) 363-6435
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    940 SE Catawba Rd Port Clinton, OH 43452
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    Port Clinton, OH 43452
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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
    940 SE Catawba Rd Port Clinton, OH 43452
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