319 Howard Drive Sandusky Sandusky, OH 44870
A flex-space building with finished office/showroom areas, warehouse/storage space, and 35 parking spaces with immediate highway access.
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 2:34 pm
Property Features for 319 Howard Drive Sandusky
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- CommercialSale
Building Details
- Year Built
- 2006
Listing office (330) 472-2967
Listing date Jul 10, 2026
Source Christinamoretti.exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Christina Moretti
Investment Insights
Based on property information with market context.
The property is described as having immediate highway access, intended to support efficient commuting, customer convenience, and logistics. An on-site parking lot provides 35 spaces for employees, clients, and visitors.
As presented, the building offers a flexible floor plan suited for office, showroom, distribution, and light industrial functions, making it appropriate for owner-users or an investment approach.
Key Highlights
- 12,000 SF flex‑space facility built in 2006
- 8,800 SF finished office/showroom space plus conference room and employee cafeteria
- 3,200 SF warehouse/storage area for operational and distribution use
Local 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 | $76.9k | $6.41 |
| − Vacancy | −$6.5k | −$0.54 |
| EGI | $70.4k | $5.87 |
| − OpEx | −$10.6k | −$0.88 |
| NOI | $59.9k | $4.99 |
