13625 Airport Hwy, Swanton, OH 43558

Building Details

Year Built 1917 More

Year Renovated 2019 More

Stories 1 More

Listing Agency: Signature Associates Toledo

Listed By: Germano Bressan Show Phone

Source: Crexi

Added: Feb 20 Changed: Nov 6 Last Checked: Nov 10 at 7:56AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates Toledo

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This is a 6,344 square foot retail space available for sale.

Key Highlights

• Retail Property
• Boasting 6,344 SqFt of Space
• Built in 1917

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$41,361

Cap Rate

6.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$827,220 $827.2K

Cap Rate 7%

$590,871 $590.9K

Cap Rate 9%

$459,567 $459.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,344 SF

Gross rent

$63.9K $10.08/SF

− Vacancy

−$4.9K −$0.77/SF

EGI

$59.1K $9.31/SF

− OpEx

−$17.7K −$2.79/SF

NOI

$41.4K $6.52/SF

Area

Fulton County, OH

Vacancy

7.60%

Lease Rate

$10.08 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$827,220

Cap Rate 7%

$590,871

Cap Rate 9%

$459,567

Alternative Uses

Best Use

Retail

$590.9K

$517.0K – $689.4K (±1% cap)

NOI $41,361 @ 7.0% cap · market cap 6.36%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.06M

$923.8K – $1.23M (±1% cap)

NOI $73,905 @ 7.0% cap · market cap 11.37%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Old El Camino Restaurant

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop HVAC Service Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

70

Businesses Nearby

Explore this area Business Placement

Demographics for 43558, OH

13,088

Population

5,703

Households

2.3

Avg Household Size

46

Median Age

19%

College-Educated

91%

High-School Grad

83.3 sq mi

ZIP Area

157

Density / Sq Mi

$74,612

Median Household Income

$40,661

Median Earnings

$925

Median Rent

$185,900

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - 6,344 SqFt retail space available for purchase.

Where is this retail space located?

The property is located at 13625 Airport Hwy Swanton, OH.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Retail Property; Boasting 6,344 SqFt of Space; Built in 1917