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    Fremont Pike At Lowry Dr Perrysburg, OH 43551

    Sponsored
    For Sale
    $6,198,500

    124 Acres, $6.2M, Industrial Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 124-acre agricultural land parcel presents a unique investment opportunity in Perrysburg, Ohio. Located at 0 Fremont Pike at Lowry Drive, 43551, this property boasts a strategic location with significant industrial development potential. Currently zoned Agricultural with a proposed industrial zoning change, the site is ideally positioned near major manufacturers and distributors, including a substantial Amazon distribution center (2,100,000 sq ft), a Home Depot distribution center (1,650,000 sq ft), a 1,200,000 sq ft spec building, NSG (500,000+ sq ft), First Solar (with 1,100,000 sq ft existing and a planned 1,800,000 sq ft expansion in 2023), Walgreens (700,000+ sq ft), and the Chrysler (FCA) Toledo Machining Plant (1,200,000 sq ft), all within a 10-mile radius. The asking price is $6,198,500, translating to $50,000 per acre. The property includes multiple existing retention ponds, simplifying development. The APN numbers are U69-612-536000006000

    Property Features for 0 Fremont Pike At Lowry Dr

    General Information

    Property type
    Farms
    Lot Size
    5,401,440 SF

    HighLights

    • Multiple retention ponds on‑site.
    • Major manufacturers and distributors within a 10‑mile radius.
    • Amazon Distribution Center - 2,100,000 SF.
    • Home Depot Distribution Center - 1,650,000 SF.
    • 1,200,000 SF spec building.
    • NSG facility - 500,000+ SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Perrysburg
    County
    Wood
    State
    Ohio
    Longitude
    -83.4568706
    Latitude
    41.4893464

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    FAQs

    What type of property is this?
    Farm - 124 Acres, $6.2M, Industrial Potential
    Where is this farm located?
    The property is located at Fremont Pike At Lowry Dr Perrysburg, OH.
    What is the asking price?
    The asking price for this property is $6,198,500.
    What are key features of this property?
    This property features: Multiple retention ponds on-site.; Major manufacturers and distributors within a 10-mile radius.; Amazon Distribution Center - 2,100,000 SF.
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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

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    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
    Fremont Pike At Lowry Dr Perrysburg, OH 43551
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