Truck Maintenance and Dispatch
1827 Sandusky St Fostoria, OH 44830
For Sale
$1,700,000
Well-maintained truck maintenance facility with multiple drive-through bays.
Property Size22,950 SF
Price / SF$74.07
Days on Market184
Property Features for 1827 Sandusky St
General Information
- Standard status
- Active
- Size
- 22,950 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1998
Listing Agency:
Signature Associates - Toledo
(419) 249-7070
Listed By:
Jared Jensen
(419) 249-7070
Source:
Cpix.resimplifi
Added: Jan 23
Changed: Jul 10
Last Checked: Jul 26 at 3:01AM
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
Investment Insights
Based on property information with market context.
This is a well-maintained truck maintenance and dispatch facility. The property features 6 drive-through bays along with a separate wash bay. It is located 3.77 miles from US-23. Multiple state routes (12, 18, 199, 587 and 613) provide access in and out of Fostoria. US 23 serves as the major posted truck route through Fostoria, while US 224 to the south is a well-traveled route from Findlay to Tiffin to Akron and Youngstown. The property size is 22950 square feet.
Key Highlights
- 6 drive‑through bays for efficient truck maintenance and dispatch operations.
- Dedicated wash bay for vehicle cleaning.
- Strategic location 3.77 miles from US‑23, a major truck route.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.1k | $6.41 |
| − Vacancy | −$12.4k | −$0.54 |
| EGI | $134.7k | $5.87 |
| − OpEx | −$20.2k | −$0.88 |
| NOI | $114.5k | $4.99 |
22,950 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.64M
$1.43M – $1.91M
NOI $114,514 @ 7.0% cap · market cap 6.74%
Second Best
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,306 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$4.87M
$4.26M – $5.68M
NOI $340,659 @ 7.0% cap · market cap 20.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Truck terminals
FAQs
What type of property is this?
Truck terminal - Well-maintained truck maintenance facility with multiple drive-through bays.
Where is this truck terminal located?
The property is located at 1827 Sandusky St Fostoria, OH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 6 drive‑through bays for efficient truck maintenance and dispatch operations.; Dedicated wash bay for vehicle cleaning.; Strategic location 3.77 miles from US‑23, a major truck route.
