Industrial Property for
1611 Sawmill Pkwy Huron, OH 44839
For Sale
Contact for pricing
Industrial property available for sale.
Property Size99,036 SF
Price / SF$85.83
Days on Market851
Property Features for 1611 Sawmill Pkwy
General Information
- Standard status
- Active
- Size
- 99,036 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1997
Listing Agency:
Signature Associates Toledo
Listed By:
Robert Mack · License #Ohio and Michigan
Source:
Crexi
Added: Mar 28, 2024
Changed: Jul 6
Last Checked: Jul 25 at 9:44AM
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.
An industrial property is available for sale. The property has a size of 99036 square feet.
Key Highlights
- Year Built: 1997
Financial Insights For Industrial
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 | $634.8k | $6.41 |
| − Vacancy | −$53.5k | −$0.54 |
| EGI | $581.4k | $5.87 |
| − OpEx | −$174.4k | −$1.76 |
| NOI | $407.0k | $4.11 |
99,036 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 30.00%
Alternative Uses
Best Use
Industrial
$5.81M
$5.09M – $6.78M
NOI $406,958 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1,089.88M
$953.65M – $1,271.53M
NOI $76,291,656 @ 7.0% cap · market cap 897.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
FAQs
What type of property is this?
Industrial property - Industrial property available for sale.
Where is this industrial property located?
The property is located at 1611 Sawmill Pkwy Huron, OH.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Year Built: 1997
