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    1611 Sawmill Pkwy Huron, OH 44839

    For Sale
    $9,500,000

    Prime Huron, OH industrial property

    Property size:
    99,036 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 99,036 square foot industrial property, located at 1611 Sawmill Pkwy in Huron, Ohio, presents a unique investment opportunity. The property consists of five single-story buildings totaling 99,036 square feet, situated on a 7.153-acre lot. Built in 1997 and extensively renovated in 2022, the property boasts significant upgrades including new backup power generators, LED lighting, and ceiling fans for improved ventilation. The warehouse features extensive electrical in all work areas, with Buildings 3, 5, and 6 offering 208-volt/50-amp outlets. Access is provided by two 20-foot-wide concrete entry drives. The property benefits from unparalleled visibility to State Route 2, enhanced by a pylon sign and flagpole. Buildings 5 and 6, along with the showroom, are currently under a 15-year tax abatement. The property is zoned for industrial use and has the APN numbers 42-01952.007, 42-01952.004, 42-01952.005, 42-01952.002, and 42-01952.006. Offered at $9,500,000 with a 5-year NNN lease term for a single tenant. This property is ideal for a variety of industrial uses and offers a strong return on investment.

    Property Features for 1611 Sawmill Pkwy

    General Information

    Property type
    Distribution properties
    Square Feet
    99,036 SF
    Lot Size
    311,585 SF

    Building Details

    Year Built/Renovated
    1997/2022
    Buildings
    5
    Stories
    1

    HighLights

    • High‑visibility location on State Route 2 with pylon sign and flagpole.
    • Building equipped with backup power generators (installed 2022/23).
    • Ceiling fans installed in all storage areas.
    • LED lighting upgrades throughout.
    • Buildings 5 and 6, plus showroom, benefit from a 15‑year tax abatement.
    • Ample electrical service; Buildings 3, 5, and 6 feature 208‑volt/50‑amp outlets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Huron
    County
    Erie
    State
    Ohio
    Longitude
    -82.5808758
    Latitude
    41.3997615

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    FAQs

    What type of property is this?
    Distribution property - Prime Huron, OH industrial property
    Where is this distribution property located?
    The property is located at 1611 Sawmill Pkwy Huron, OH.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: High-visibility location on State Route 2 with pylon sign and flagpole.; Building equipped with backup power generators (installed 2022/23).; Ceiling fans installed in all storage areas.
    Request Owner's contact information
    1611 Sawmill Pkwy Huron, OH 44839
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    Realmo Value Estimation

    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.

    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.

    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
    1611 Sawmill Pkwy Huron, OH 44839
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