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Property profile & analytics
OFF-MARKET
Industrial properties

Nickle Plate Ave Conneaut, OH 44030

0.47 ac lot Built 1930
Property ID
Property summary
AI-generated overview

This exceptional Conneaut, Ohio industrial property presents a unique investment opportunity. The offering encompasses a substantial 1942-square-foot block building situated on a sizable 0.47-acre lot. Benefiting from its strategic location alongside the railroad, this property offers unparalleled access to efficient transportation and logistics networks. The building's robust construction ensures durability and longevity, making it suitable for a wide range of industrial applications. The zoning designation is M-1 Industrial, allowing for diverse operational possibilities, subject to local ordinances and permitting requirements. This versatility makes the property attractive to a broad spectrum of businesses seeking a functional and well-situated space. The expansive lot provides ample room for expansion, storage, or outdoor operations, further enhancing its appeal. The property's solid structure, combined with its convenient railroad access and flexible zoning, presents a compelling proposition for entrepreneurs and investors alike. This is a rare chance to acquire a well-positioned industrial asset in a thriving location. Detailed information regarding permitted uses under the M-1 zoning classification is readily available through the appropriate municipal channels. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price reflects the property's inherent value and market position.

Property profile
Verified
Property type Industrial properties
Year built 1930
Lot 0.47 ac (20,473 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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