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    11390 County Road 60 Fostoria, OH 44830

    Sponsored
    For Sale
    Contact for pricing

    192 Acres, Rail-Served, Ohio

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 192+/- acre industrial land parcel in Fostoria, Ohio (Seneca County, 44830), presents a unique investment opportunity. Located at 11390 W County Rd 60, the property boasts a prime location adjacent to a Norfolk Southern Intermodal rail hub, offering unparalleled access to key transportation routes. The site is strategically positioned for distribution to Indiana, Michigan, Pennsylvania, and New York. Currently zoned for agriculture (APN: I33000507080000, I33000507120000, I33000507160000), the parcels are slated for annexation by the city and rezoning to industrial use. The State of Ohio is actively investing in infrastructure improvements, including the extension of fiber optics and the addition of Columbia Gas natural gas lines. This significant investment, coupled with Jobs Ohio's expressed interest, underscores the site's potential for substantial industrial development and job creation. This is a rare opportunity to acquire a large-scale industrial site in a rapidly growing area with excellent transportation infrastructure and strong governmental support. Don't miss this chance to secure a prime location for your next industrial project.

    Property Features for 11390 County Road 60

    General Information

    Property type
    Land
    Lot Size
    8,363,084 SF

    HighLights

    • Prime location near Norfolk Southern Intermodal hub.
    • Ohio state‑funded utility upgrades including fiber optic extension.
    • State‑funded natural gas service provided by Columbia Gas.
    • All parcels to be annexed into the city and zoned industrial.
    • JobsOhio has expressed buyer interest.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Auto Parts Store HVAC Service Bakery Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fostoria
    County
    Seneca
    State
    Ohio
    Longitude
    -83.3888294
    Latitude
    41.1591164

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    FAQs

    What type of property is this?
    Land - 192 Acres, Rail-Served, Ohio
    Where is this land located?
    The property is located at 11390 County Road 60 Fostoria, OH.
    What are key features of this property?
    This property features: Prime location near Norfolk Southern Intermodal hub.; Ohio state-funded utility upgrades including fiber optic extension.; State-funded natural gas service provided by Columbia Gas.
    Request Owner's contact information
    11390 County Road 60 Fostoria, OH 44830
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    Fostoria, OH 44830
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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
    11390 County Road 60 Fostoria, OH 44830
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