Warehouse Unit with Oversized
For Sale
$209,999
2656 East Harbor Road Unit D4, Port Clinton, OH 43452
Commercial zoning allows business operations within the unit.
Property Size1,500 SF
Price / SF$139
Days on Market203
Property Features for 2656 East Harbor Road Unit D4
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Land
Additional Details
Utilities to Site
Yes
Property Use
Self Storage
Amenities
Ceiling Fan(s)
No
Natural Gas, Forced Air
Yes
2
1
Listing Agency:
Key Realty
Listed By:
Raven Cramer · License #2019007757
(419) 746-0777
Source:
Compass
Added: Apr 10
Changed: Oct 28
Last Checked: Oct 28 at 3:55PM
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 Key Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,500-square-foot warehouse unit is new construction nearing completion within an established complex. Features include a full bathroom, two access doors for people, and powered overhead doors measuring 18 feet high by 18 feet wide. The concrete drive and pads are 6 inches thick with metal reinforcement, and interior floor drains connect with exterior grease traps. A furnace is installed, with air-conditioning hookups provided.
Electricity, water, sewer, natural gas, and WiFi/cable service are ready for connection. The unit also has 30-amp and 50-amp plugs, a slop sink area, and two rows of insulated glass. Commercial zoning supports business operations from the space. Loft, office, kitchenette, and other customization options are described, but are not represented here as included features.
Electricity, water, sewer, natural gas, and WiFi/cable service are ready for connection. The unit also has 30-amp and 50-amp plugs, a slop sink area, and two rows of insulated glass. Commercial zoning supports business operations from the space. Loft, office, kitchenette, and other customization options are described, but are not represented here as included features.
Key Highlights
- 1,500‑square‑foot warehouse unit
- 18‑foot‑high by 18‑foot‑wide powered overhead doors
- Full bathroom, interior floor drains, and exterior grease traps
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,485
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$149,700
$149.7K
Cap Rate 7%
$106,929
$106.9K
Cap Rate 9%
$83,167
$83.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$9.6K $6.41/SF
− Vacancy
−$810 −$0.54/SF
EGI
$8.8K $5.87/SF
− OpEx
−$1.3K −$0.88/SF
NOI
$7.5K $4.99/SF
Area
Ottawa County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$149,700
Cap Rate 7%
$106,929
Cap Rate 9%
$83,167
Alternative Uses
Best Use
Warehouse
$106.9K
$93.6K – $124.8K
NOI $7,485 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$534.6K
$467.7K – $623.7K
NOI $37,419 @ 7.0% cap · market cap 17.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43452, OH
13,443
Population
10,859
Households
1.2
Avg Household Size
52
Median Age
28%
College-Educated
93%
High-School Grad
46.2 sq mi
ZIP Area
291
Density / Sq Mi
$63,815
Median Household Income
$43,782
Median Earnings
$937
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Storage Condos — 750 se catawba rd, port clinton, oh 43452
- Catawba Storage Condominiums- Building 2 — 770 SE Catawba Rd, Port Clinton, OH 43452
- Eagles Nest Hangars — 750 SE Catawba Rd, Port Clinton, OH 43452
- Catawba Storage Condominiums III Assn. — 780 SE Catawba Rd, Port Clinton, OH 43452
- Storage Condominiums, Inc.-Office — 750 SE Catawba Rd, Port Clinton, OH 43452
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial zoning allows business operations within the unit.
Where is this warehouse located?
The property is located at 2656 East Harbor Road Unit D4 Port Clinton, OH.
What is the asking price?
The asking price for this property is $209,999.
What are key features of this property?
This property features: 1,500‑square‑foot warehouse unit; 18‑foot‑high by 18‑foot‑wide powered overhead doors; Full bathroom, interior floor drains, and exterior grease traps
