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Property profile & analytics
OFF-MARKET
Industrial properties

3068 State St Fremont, OH 43420

4,414 SF 3.18 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This 4,414 square foot vacant manufacturing building in Fremont, OH, presents a compelling investment opportunity. Situated on a 3.181-acre lot (parcels 06-06-00-0025-00 & 06-06-00-0024-00), this single-story, Class C industrial property boasts a 14-foot ceiling height. Built in 1940, the building features office space, a break room, storage areas, restrooms, a large shop area, and service bays. Its location on State Route 20 near County Road 204 offers high visibility and convenient access. The property is zoned for General Business, allowing for flexible redevelopment potential. The asking price is $299,900 ($67.94/sq ft). Features include 3-phase electrical service. While the building is in fair condition, it offers significant potential for renovation and repurposing. The owner is open to considering all reasonable offers. This property is ideal for a buyer with the skills and resources to renovate and capitalize on its prime location and flexible zoning. The property is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Industrial properties
Year built 1940
Total area 4,414 SF
Lot 3.18 ac (138,564 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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