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    1575 Cleveland Rd Sandusky, OH 44870

    For Sale
    $645,000

    High-traffic Cedar Point location. Great development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 2.55-acre commercial land parcel in Sandusky, Ohio, is ideally situated near the entrance to Cedar Point amusement park, boasting over 300 feet of frontage on Cleveland Road. With an average daily traffic count of approximately 10,000 vehicles, this property offers exceptional visibility and access to a substantial tourist population. The site is zoned GB - General Business, allowing for a wide range of development opportunities. Its proximity to Cedar Point, which attracted nearly 27 million visitors in 2022, presents a unique chance to capitalize on the high summertime tourist traffic. The location is also convenient to downtown Sandusky and surrounded by numerous amenities, including hotels, water parks, restaurants, a bowling alley, and a sportsbook, further enhancing its appeal and potential for success. The property's APN is 57-04500.000, 57-04104.000, and 57-04104.001. The asking price is $645,000. This is an exceptional investment opportunity for developers seeking to tap into the vibrant tourism market of Sandusky, Ohio.

    Property Features for 1575 Cleveland Rd

    General Information

    Property type
    Land
    Lot Size
    111,078 SF

    HighLights

    • $645,000 asking price for 2.55 acres of commercial land.
    • Located at 1575 Cleveland Rd W, Sandusky, OH 44870, with APN 57‑04500.000, 57‑04104.000, 57‑04104.001.
    • General Business (GB) zoning.
    • ~1 mile from Cedar Point and ~1 mile from Downtown Sandusky, benefiting from high tourist traffic (approx. 10,000 vehicles daily).
    • 300+ feet of frontage on Cleveland Rd, capturing southbound and eastbound traffic to Cedar Point.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandusky
    County
    Erie
    State
    Ohio
    Longitude
    -82.68801000451
    Latitude
    41.442777086902

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    FAQs

    What type of property is this?
    Land - High-traffic Cedar Point location. Great development potential.
    Where is this land located?
    The property is located at 1575 Cleveland Rd Sandusky, OH.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: $645,000 asking price for 2.55 acres of commercial land.; Located at 1575 Cleveland Rd W, Sandusky, OH 44870, with APN 57-04500.000, 57-04104.000, 57-04104.001.; General Business (GB) zoning.
    (419) 871-1900
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    Sandusky, OH 44870
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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
    1575 Cleveland Rd Sandusky, OH 44870
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