4838 Us Highway 250 Norwalk, OH 44857
- Commercial real estate
- 4,320 SF
- 4.57 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4838 Us Highway 250
- Year built
- 1960
- Lot size
- 4.57 lot acres
- Property size
- 4,320 SF
- Property type
- Commercial real estate
- APN
- 27-012A-02-014-0000
- APU
- 27012A020140000
Description
This exceptional 8.721-acre development site in Norwalk, Ohio, presents a remarkable redevelopment opportunity. Located on US Highway 250 North, this unzoned property boasts a prime location with high visibility and significant traffic volume, benefitting from an AADT of 13,845 (2018 data). Its strategic proximity to Interstate 80/90 (less than 4 miles) and Cedar Point (15 miles) enhances its appeal and accessibility. The property is comprised of three parcels (APN: 27012A020130000, 27012A020140000, 27012A020150000) and offers considerable flexibility for various development scenarios. Existing improvements include a 12,000 square foot warehouse, two storage garages totaling 9,666 square feet, a 786 square foot office space, and a 2,730 square foot house suitable for additional office space. A 5,546 square foot service bay garage further adds to the existing building footprint, resulting in a total warehouse and service bay area of 27,426 square feet. The property is zoned for potential retail, residential, industrial, or hotel development, and is also subdividable, providing numerous options for investors and developers. The asking price is $1,800,000, translating to $206,398 per acre. The Berlin Milan LSD serves as the local school district.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norwalk
- County
- Huron
- State
- Ohio
- Longitude
- -82.6071
- Latitude
- 41.2717
- CBSA code
- 35940
- CBSA name
- NORWALK, OH MICROPOLITAN STATISTICAL AREA
