Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10002 Compass Dr Perrysburg, OH 43551
    Property profile & analytics

    10002 Compass Dr, Perrysburg, OH 43551

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 10002 Compass Dr

    Property type
    Warehouses
    Property subtype
    Life science properties

    Description

    This exceptional build-to-suit opportunity in Perrysburg, Ohio, offers flexible industrial space ranging from 5,000 to 25,000 square feet. Located at 10002 S Compass Dr, in Wood County, this single-tenant property sits on a 2.5-acre lot and is zoned for light industrial use. The property presents a unique chance to construct a facility tailored to your specific business needs, offering significant advantages for companies seeking a modern and efficient workspace. The site's strategic location provides easy access to the Ohio Turnpike, placing your business within convenient reach of major transportation arteries. This prime location also benefits from the presence of established national companies, including Amazon, creating a thriving and dynamic business environment. The higher barrier to entry in the Rossford, Ohio area ensures a stable and competitive market. The property is classified as Industrial, with subtypes including Flex, Warehouse, Distribution, and R&D, making it suitable for a wide range of industrial operations. This build-to-suit project offers a rare opportunity to create a custom-designed facility in a highly desirable location, maximizing efficiency and productivity for your business. The property's address is 10002 S Compass Dr, Perrysburg, OH 43551.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Perrysburg
    County
    Wood
    State
    Ohio
    Longitude
    -83.5862
    Latitude
    41.5513

    Comparable in this City

    • Value Estimation by Request
      1,600,000 SF

      Toledo Logistics Park

      Distribution properties
      0 Toledo Logistics Park, Perrysburg, OH 43551
      View Details
    • Value Estimation by Request
      4,800 SF

      26718 Oregon Rd

      DISTRIBUTION WAREHOUSE
      26718 Oregon Rd, Perrysburg, OH 43551-4709
      View Details
    • Value Estimation by Request
      403,858 SF

      28727 Oregon Rd

      DISTRIBUTION WAREHOUSE
      28727 Oregon Rd, Perrysburg, OH 43551-4602
      View Details
    • Value Estimation by Request
      3,920 SF

      F St

      DISTRIBUTION WAREHOUSE
      F St, Perrysburg, OH 43551
      View Details
    • Value Estimation
      $1,885,000
      32,592 SF

      28291 Glenwood Rd

      DISTRIBUTION WAREHOUSE
      28291 Glenwood Rd, Perrysburg, OH 43551-4809
      View Details
    • Value Estimation by Request
      1,500 SF

      25571 Fort Meigs Rd

      Flex space
      25571 Fort Meigs Rd, Perrysburg, OH 43551
      View Details

    Similar Nearby for Sale

    • $560,000

      Two-Building Light Industrial Site

      Two usable buildings on acreage offer flexible space for light manufacturing, storage, and redevelopment opportunities.
      13010 5 Point Rd, Perrysburg, OH 43551
      View Details
    • Contact for pricing
      306,000 SF

      Industrial Site with Rail Access

      Industrial site with rail access and tax abatement opportunity.
      29057 Oregon Rd, Perrysburg, OH 43551
      View Details
    • Contact for pricing
      398,003 SF

      Perrysburg Flex/Industrial Property For Sale

      Flex and industrial property available for sale in Perrysburg, Ohio.
      1899 North Wilkinson Way, Perrysburg, OH 43551
      View Details
    • $1,590,000
      2,087 SF

      10670 Fremont Pike

      Retail space
      10670 Fremont Pike, Perrysburg, OH 43551
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Industrial Flex Space Available

      Industrial flex spaces with easy freeway access in Toledo area.
      25591 Fort Meigs Rd, Perrysburg, OH 43551
      View Details
    • Contact for pricing
      6,000 SF

      Industrial Flex Space Available

      Industrial flex spaces with easy freeway access in Toledo area.
      25651 Fort Meigs Rd, Perrysburg, OH 43551
      View Details
    • Contact for pricing
      500,000 SF

      CSX Rail-Served Build-to-Suit Site

      76 acres available for build-to-suit with CSX rail access.
      28961 Oregon Rd, Perrysburg, OH 43551
      View Details
    • $6 SF/Yr

      Flex Space with Expansion Potential

      Flex space with cafeteria, IT room, and expansion potential.
      1775 Progress Dr, Perrysburg, OH 43551
      View Details
    • Contact for pricing

      Available Flex Space in Rossford

      76,785 SF of Rec/Flex space available for lease.
      10020 S Compass Dr, Rossford, OH 43551
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10002 Compass Dr
    Perrysburg, OH 43551
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10002 Compass Dr, Perrysburg, OH, 43551
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!