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Property profile & analytics
FOR LEASE
Office buildings

1021 Sandusky St Perrysburg, OH 43551

10,251 SF 0.76 ac lot Built 1987
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-1289957
Property summary
AI-generated overview

Three Meadows Plaza, located at 1021 Sandusky Street in Perrysburg, Ohio, presents a unique opportunity for businesses seeking flexible office space. This single-story, 10,551 square foot Class B building, renovated in 2023, offers multiple suites for lease, with a minimum divisible space of 1,332 square feet and a maximum contiguous space of 3,750 square feet. The building features a total of eight suites, currently having 1,332 square feet vacant. The property sits on a 0.76-acre lot and boasts 55 parking spaces. Suite configurations vary, with some offering private entrances, exterior signage, waiting rooms, reception areas, multiple offices, conference rooms, and restrooms. Specific suite layouts include options with private restrooms and exterior exits. Some suites were previously used as medical and legal offices, while others served as mortgage broker offices. The building's location at a stoplight on Sandusky Street provides excellent visibility and accessibility, with close proximity to I-75 and numerous amenities. The building is zoned C-1. Ceiling heights range from 8'6" to 9'0". Elevators are not available. The property's APN is Q61-400-050406013000. This versatile property is ideal for a variety of businesses seeking a well-maintained and conveniently located office space in the Perrysburg submarket.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 10,251 SF
Lot 0.76 ac (33,106 SF)
APN Q61-400-0504-06-013.000
UPID US66-1289957
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
Current use
Occupant on record · Public records
  • So Many Somethings Desserterie Bakery Specialty Food Shop
  • Labhsetwar SA Lata Physician
  • Tamirisa Kiran C MD Physician
  • Michael D. Cragel, DPM Physician
  • Pure Vision Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$890k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$885k
Owner & transaction history
Barmen Properties Lllc · 4 yrs held
Barmen Properties Lllc
since 2021
Last sale
$862,000
4 recorded transactions
2022
Price N/A
2022
Price N/A
2021
$862,000
2018
$835,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.3M +7.7%
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More about this property
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