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Property profile & analytics

12565 Airport Hwy Swanton, OH 43558

  • Automotive properties
  • 2,176 SF
  • 6.23 lot acres
OFF-MARKET
Last Sale
Feb 16, 2024
$250,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-2159534
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Automotive properties

Property Details for 12565 Airport Hwy

Year built
1994
Lot size
6.23 lot acres
Property size
2,176 SF
Zone code
33-MX
Property type
Automotive properties
APN
72-10704
APU
7210704

Description

This exceptional commercial property, situated on a substantial 6.2-acre lot in Swanton, Ohio, presents a compelling investment opportunity. Boasting high visibility and situated on Airport Highway, this location benefits from an impressive ODOT daily traffic count exceeding 22,000 vehicles. The property comprises five separate buildings, offering diverse usage potential. A significant portion of the property is occupied by a well-established auto repair business operating within a spacious 50x70 foot pole barn structure, complete with integrated office space. This existing business contributes to the property's already strong monthly rental income stream. The remaining buildings provide a mix of rental storage units and tenant spaces, each equipped with individual utilities and restrooms (with the exception of one storage building). The property's versatility makes it ideal for a range of commercial ventures, including retail, office, or industrial uses. This turnkey operation offers immediate income generation and significant long-term growth potential, making it an attractive proposition for investors seeking a high-traffic, well-established commercial asset in a prime location. The property's size and existing infrastructure provide ample room for expansion or further development, catering to a variety of business needs. The high daily traffic count ensures excellent visibility and accessibility for any business operating from this location. This is a rare opportunity to acquire a profitable, established commercial property with significant upside potential. The asking price is $799,900.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Swanton
County
Lucas
State
Ohio
Longitude
-83.8441
Latitude
41.5829
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,351
$34,370
$61,775
$96,145
-
$98,200
$176,500
$274,700
More about this property
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