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    900 South Boundary St Perrysburg, OH 43551

    For Sale
    $540,000

    Prime Office Space, 34,960 SF, 100% Occupied

    Property size:
    34,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a 10-building executive office complex totaling 34,960 square feet, situated on a 5.01-acre lot in Perrysburg, Ohio. The property, located at 900 W. South Boundary Street, boasts a Class B designation and is currently 100% occupied, generating a strong return on investment. Built in 1994 by Melchior Building Company, this single-story complex offers 183 parking spaces, providing ample convenience for tenants and visitors. The property is zoned C-3, allowing for a variety of potential uses. Its strategic location offers excellent accessibility, less than a quarter-mile from a traffic light and a half-mile from an expressway, ensuring high visibility and convenient commutes. The Perry Towne Square condominium fee is $600 per building. While buildings 4, 7, 8, 9, and 10 are currently available for sale, the entire complex is offered at an attractive asking price of $540,000, translating to $15.45 per square foot. Average utility costs for occupants in Perry Towne Square are $2.30 per square foot. This well-maintained property represents a rare opportunity to acquire a substantial, income-producing asset in a desirable location. The property's strong occupancy rate and convenient location make it an ideal investment for discerning buyers seeking a stable and profitable venture.

    Property Features for 900 South Boundary St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    34,960 SF
    Class
    B
    Lot Size
    218,236 SF

    Building Details

    Year Built
    1994
    Buildings
    10
    Stories
    1

    HighLights

    • Less than a quarter‑mile to signalized intersection.
    • Half‑mile to expressway.
    • 10‑unit multifamily complex, Melchior Building Company construction.
    • Average utility cost: $2.30/square foot.
    • $600 per building condominium fee.
    • Buildings 4, 7, 8, 9, and 10 available for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    McIntire Retirement Services Financial Planner Linda Myers, PTA Physical Therapist Southwell Bruce Physical Therapist Dhondt Insurance Insurance Agency Mouch Insurance Associates, ... Insurance Agency

    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
    Perrysburg
    County
    Wood
    State
    Ohio
    Longitude
    -83.638075
    Latitude
    41.539442

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 34,960 SF, 100% Occupied
    Where is this office property / space located?
    The property is located at 900 South Boundary St Perrysburg, OH.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: Less than a quarter-mile to signalized intersection.; Half-mile to expressway.; 10-unit multifamily complex, Melchior Building Company construction.
    Request Owner's contact information
    900 South Boundary St Perrysburg, OH 43551
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    Perrysburg, OH 43551
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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
    900 South Boundary St Perrysburg, OH 43551
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