Nickle Plate Ave Conneaut, OH 44030
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.