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    811 Fox Rd Van Wert, OH 45891

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    For Sale
    Contact for pricing

    Prime 1.3-acre outlot near Rural King

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.3-acre commercial outlot presents a unique investment opportunity in Van Wert, Ohio. Strategically located within the thriving Shannon Station shopping center, this property enjoys high visibility and accessibility from both Fox Road and South Shannon Street (SR 118). The site benefits from its proximity to established national retailers, including Rural King, H&R Block, Fricker's, Big Lots, Ruler Foods, and Tractor Supply Co., ensuring a strong customer base and significant foot traffic. This location is ideal for a variety of commercial uses, capitalizing on the robust economic environment of the area. The surrounding community boasts a population exceeding 350,000 within a 30-mile radius, with an average household income exceeding $69,000 within a 15-mile radius. Van Wert's ranking among the top 100 micropolitan communities in the nation underscores its economic strength and potential for growth. This outlot offers exceptional visibility and accessibility, making it an attractive proposition for businesses seeking a prime location in a thriving market. The property's 1.3-acre size provides ample space for development, allowing for flexibility in design and functionality. This is a rare opportunity to secure a highly desirable commercial parcel in a dynamic and growing community. The address is 811 Fox Rd, Van Wert, OH 45891.

    Property Features for 811 Fox Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre commercial outlot in Van Wert, OH.
    • Located in the Shannon Station shopping center, near major retailers including Rural King, H&R Block, and Fricker's.
    • Excellent access from Fox Road and SR 118.
    • Strong demographics: over 350,000 people within 30 miles and average household income exceeding $69,000 within 15 miles.
    • Situated in a top 100 micropolitan community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rural King Guns Gun Shop Rural King Farm Equipment Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Van Wert
    County
    Van Wert
    State
    Ohio
    Longitude
    -84.598901794123
    Latitude
    40.851568346545

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    FAQs

    What type of property is this?
    Individual retail property - Prime 1.3-acre outlot near Rural King
    Where is this individual retail property located?
    The property is located at 811 Fox Rd Van Wert, OH.
    What are key features of this property?
    This property features: 1.3-acre commercial outlot in Van Wert, OH.; Located in the Shannon Station shopping center, near major retailers including Rural King, H&R Block, and Fricker's.; Excellent access from Fox Road and SR 118.
    (216) 381-8200
    Request Owner's contact information
    811 Fox Rd Van Wert, OH 45891
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    Van Wert, OH 45891
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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
    811 Fox Rd Van Wert, OH 45891
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