Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2006 Harbor Rd Port Clinton, OH 43452

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.13-acre Kroger-anchored outlot

    Property Features for 2006 Harbor Rd

    General Information

    Property type
    Land
    Lot Size
    92,783 SF

    We can help!

    Listing Contact
    John Michael Hoty
    John Michael Hoty

    Listing Agency: Hoty Enterprises, Inc. Listing Agent: John Michael Hoty

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 2.13-acre commercial land parcel presents a prime investment opportunity in Port Clinton, Ohio. Located at 2006 E Harbor Rd, Outlot 4, this property boasts a highly visible location in a thriving plaza anchored by a Kroger grocery store. The site benefits from convenient access to a traffic signal and enjoys excellent visibility from State Route 163, just off State Route 2, ensuring high traffic counts and strong exposure for any development. The asking price is $200,000. This parcel is one of four available outlots. The seller is open to build-to-suit options, accommodating up to 12,000 square feet of construction. This versatile property offers several development possibilities, making it ideal for a variety of commercial uses. The property's APN is 0200722209544000. Detailed information and additional options are available upon request. This is a rare opportunity to acquire a strategically located commercial land parcel in a high-traffic area with significant development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    West Harbor Dental ... Dental Office Humaira Munshi Medical School

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Clinton
    County
    Ottawa
    State
    Ohio
    Longitude
    -82.904118129582
    Latitude
    41.514467717494

    Nearby Similar for Sale

    • $799,000
      6,000 SF

      New Retail and Storage Facility

      Modern 6,000 sq. ft. retail/storage on 0.70 acres.
      2667 E Harbor Rd, Port Clinton, OH 43452
      View Details
    • $179,000
      500 SF

      Downtown Port Clinton Commercial Building

      Commercial building for sale in downtown Port Clinton, Ohio.
      74 Jefferson St, Port Clinton, OH 43452
      View Details
    • $3,250,000
      23,000 SF

      Drawbridge Marina & Storage Facility

      Marina, storage, and industrial property with multiple buildings and amenities.
      247 W Lakeshore Rd, Port Clinton, OH 43452
      View Details
    • Contact for pricing
      7,545 SF

      Retail Property on Catawba Island

      Retail property with minimal competition near Lake Erie attraction.
      3147 NE Catawba Rd, Port Clinton, OH 43452
      View Details
    • Contact for pricing
      76,257 SF

      Anchored Retail Center For Sale

      Retail center anchored by Bassett’s Hardware & City Market.
      1608-1634 Maple St, Port Clinton, OH 43452
      View Details

    FAQs

    What type of property is this?
    Land - 2.13-acre Kroger-anchored outlot
    Where is this land located?
    The property is located at 2006 Harbor Rd Port Clinton, OH.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Four available outparcels.; Outlot 4 price shown; others priced separately.; Build-to-suit up to 12,000 square feet available.
    (419) 609-7000 Call to check price and availability
    Request Owner's contact information
    2006 Harbor Rd Port Clinton, OH 43452
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2006 Harbor Rd
    Port Clinton, OH 43452
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2006 Harbor Rd Port Clinton, OH 43452
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Michael Hoty
    John Michael Hoty
    (419) 609-7000 (419) 656-4689
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!