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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

101 @ State 412 Castalia, OH 44870

1 SF 40 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional 40-acre commercial land parcel presents a unique investment opportunity in Sandusky, Ohio. Located at the intersection of State Route 101 and State Route 412, this property offers unparalleled access to major transportation arteries. Minutes from downtown Sandusky, it enjoys proximity to Lake Erie, State Route 2, and the Ohio Turnpike (Interstate 80/90), ensuring high visibility and convenient access for businesses. The site boasts existing rail access via the Norfolk Southern Railway, adding significant logistical advantages. All essential utilities—water, sanitary sewer, electricity, and gas—are readily available nearby. This expansive lot is zoned for commercial use and is situated within an Enterprise Zone, potentially offering attractive tax incentives. The property's size allows for flexibility, with the possibility of subdivision to accommodate multiple developments or a large-scale project. Built in 1950, this property offers a blank canvas for a wide range of commercial ventures, from retail and industrial to logistics and distribution. The asking price for this remarkable opportunity is $1,600,000. Don't miss this chance to acquire a strategically located, sizable parcel with significant development potential in a thriving Ohio community.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1950
Total area 1 SF
Lot 40 ac (1,742,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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