0 Sr 101 Castalia, OH 44870
This exceptional commercial land parcel, situated on State Route 101 in Erie County, Ohio, offers a unique development opportunity. The property encompasses up to 4.38 acres, strategically located at the intersection of State Route 2 and State Route 101, providing excellent visibility and accessibility. This high-traffic location is ideal for a variety of commercial uses, particularly fast food restaurants or businesses catering to travelers. The site is conveniently located near Ventra Sandusky, a major employer with approximately 3,000 employees, as well as established businesses such as McDonald's, Subway, and a campground. The property is currently listed at $599,000 for the entire 4.38-acre parcel, but the owner is willing to sell smaller portions of the land, starting at $299,000 for a two-acre section. Furthermore, the owner offers build-to-suit options, providing flexibility for potential buyers. The property's zoning and potential for development make it an attractive investment opportunity in a thriving area. The zip code is 44870, and the city is Sandusky, Ohio. Contact us for detailed information on pricing and available acreage.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.