1331 Broad Ave Findlay, OH 45840
- Flex space
- 38,340 SF
- 3.91 lot acres
Current Use by Public Records
- National Lime & Stone Co / Quarry
- Wright of Ohio - Findlay / Traffic Officer
- Pauls Commercial Hauling / Transportation Service
Property Details for 1331 Broad Ave
- Year built
- 1982
- Construction
- STEEL FRAME
- Lot size
- 3.91 lot acres
- Property size
- 38,340 SF
- Property type
- Flex space
- APN
- 600001008457
- APU
- 600001008457
Description
This exceptional Findlay, Ohio property, located at 1331 Broad Ave, presents a unique investment opportunity. The Broad Avenue Warehouse boasts a total of 48,250 square feet across two stories, offering a versatile mix of executive office, traditional office, and warehouse space. Currently, 1,400 square feet of space is available for immediate occupancy. The building sits on a substantial 3.7-acre lot, providing ample room for expansion or outdoor activities. High ceilings, ranging from 14 to 16 feet, offer significant storage and operational flexibility within the warehouse area. The property is conveniently served by American Electric Power. Parking is abundant with 200 spaces available for tenants and visitors. The I-1 Light Industrial zoning allows for a variety of uses, making this a highly adaptable space for a diverse range of businesses. The property's APN is 600001008457. This is a multi-tenant building, offering a chance to acquire a piece of a thriving commercial complex in a prime Findlay location. The available space presents a chance to establish a presence in a well-maintained building with significant potential. The property is for sale and offers a compelling investment opportunity in a desirable Ohio market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $855,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $660,000
- 6.5%
- $690,000
- 7%
- $755,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $785,000
- Geo Method
- $740,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $760,000
- Retail
- $755,000
- Mixed-Use
- $720,000
- Hospitality
- $775,000
- Educational
- $605,000
- Residential Income
- $570,000
- Energy
- $635,000
- Income-Based Land
- $740,000
- Food Service
- $705,000
Location Insight
- Map
- Local Demand
- City
- Findlay
- County
- Hancock
- State
- Ohio
- Longitude
- -83.6634
- Latitude
- 41.0573
- CBSA code
- 22300
- CBSA name
- FINDLAY, OH MICROPOLITAN STATISTICAL AREA
