Building Details

Year Built 2003

Buildings 1

Stories 1

Listing Agency: JLL - Detroit/Royal Oak, Michigan

Listed By: Christopher DiSalle · License #MI 0000385569

Source: Crexi

Added: Jul 1, 2022 Changed: Oct 13 Last Checked: Oct 19 at 7:29AM

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Investment Insights

Based on property information with market context.

This property, constructed in 2003, offers 13,905 square feet of retail or office space on a 2.75-acre lot. The site benefits from high visibility, with over 100,000 vehicles passing by daily due to its exposure to I-75 and I-80/90. It features 57 parking spaces and the potential to expand the square footage into the existing parking lot. The location provides easy access to the Ohio Turnpike (I-80/90), I-75, and SR 795. A traffic light provides access to the property, which is situated near a Bass Pro Shop and a new Amazon fulfillment center. Additionally, the property is adjacent to five hotels and benefits from a sign variance.

Key Highlights

• High Traffic Volume: Benefit from exceptional exposure with over 100,000 vehicles passing daily.
• Excellent Accessibility: Enjoy easy access to I‑75, I‑80/90 (Ohio Turnpike), and SR 795.
• Expansion Potential: Able to expand square footage into the existing parking lot.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$54,944

Cap Rate

3.33%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,098,880 $1.1M

Cap Rate 7%

$784,914 $784.9K

Cap Rate 9%

$610,489 $610.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 13,905 SF

Gross rent

$81.8K $5.88/SF

− Vacancy

−$3.3K −$0.24/SF

EGI

$78.5K $5.64/SF

− OpEx

−$23.5K −$1.69/SF

NOI

$54.9K $3.95/SF

Area

Wood County, OH

Vacancy

4.00%

Lease Rate

$5.88 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,098,880

Cap Rate 7%

$784,914

Cap Rate 9%

$610,489

Alternative Uses

Best Use

Retail

$784.9K

$686.8K – $915.7K (±1% cap)

NOI $54,944 @ 7.0% cap · market cap 3.33%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.24M

$2.83M – $3.78M (±1% cap)

NOI $226,716 @ 7.0% cap · market cap 13.74%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Business Blackboard Radio Station Potter Technology Consultant

Suggested Use

Top Pick Restaurant Dental Office Building Supply Hair Salon Auto Parts Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

101

Businesses Nearby

10k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 100%

Courtyard Toledo Rossford/Perrysburg Hotels & Casinos

5,139 visits/mo 0.2 miles

Hampton Inn & Suites Toledo-Perrysburg Hotels & Casinos

2,827 visits/mo 0.1 miles

Staybridge Suites Toledo - Rossford - Perrysburg Hotels & Casinos

1,937 visits/mo 0.0 miles

Demographics for 43460, OH

6,230

Population

2,753

Households

2.3

Avg Household Size

40

Median Age

32%

College-Educated

95%

High-School Grad

2.6 sq mi

ZIP Area

2,396

Density / Sq Mi

$70,547

Median Household Income

$49,105

Median Earnings

$854

Median Rent

$172,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Sale Nearby

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2-Unit Townhouse

656 Bruns Dr, Rossford, OH 43460

$169,900

1,984 SF

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Rossford Duplex Near Amenities

130 Eagle Point Road, Rossford, OH 43460

$111,000

0.24 Acres

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Frequently Asked Questions

What type of property is this?

Retail space - 13,905 SF retail or office space with great exposure.

Where is this retail space located?

The property is located at 9750 Clark Dr Rossford, OH.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: High Traffic Volume: Benefit from exceptional exposure with over 100,000 vehicles passing daily.; Excellent Accessibility: Enjoy easy access to I‑75, I‑80/90 (Ohio Turnpike), and SR 795.; Expansion Potential: Able to expand square footage into the existing parking lot.