1275 Main St Bellevue, OH 44811
- Warehouses
- 16,800 SF
- 3.61 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1275 Main St
- Year built
- 1974
- Lot size
- 3.61 lot acres
- Property size
- 16,800 SF
- Property type
- Warehouses
- APN
- 03-60-00-0093-01
- APU
- 36000009301
Description
This exceptional 16,800-square-foot flex industrial property in Bellevue, Ohio, presents a compelling investment opportunity. Situated on a 3.067-acre lot, this vacant building offers a versatile layout ideal for various uses. The space includes 800 square feet of office space and a 16,000-square-foot warehouse area, boasting impressive ceiling heights ranging from 14 to 18 feet. Two drive-in doors (24' x 14' and 14' x 16') provide convenient access for loading and unloading. The property benefits from robust power (100 AMP, 240V, 3-phase, 2RR) and is strategically located on busy State Route 20, experiencing a high daily vehicle count of 12,382. Zoned B-2 General Commercial, this property offers significant potential for growth and development. The asking price is $638,400, with a land value of $5-$6 per square foot. This gross lease property is ready for immediate occupancy. The property's prime location and versatile design make it an attractive option for businesses seeking a functional and well-situated industrial space in Northwest Ohio. The address is 1275 W Main St, Bellevue, OH 44811.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $470,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $570,000
- 6.5%
- $510,000
- 7%
- $490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $480,000
- Mixed-Use
- $515,000
- Hospitality
- $510,000
- Educational
- $590,000
- Residential Income
- $610,000
- Energy
- $600,000
- Income-Based Land
- $560,000
- Food Service
- $605,000
Location Insight
- Map
- Local Demand
- City
- Bellevue
- County
- Sandusky
- State
- Ohio
- Longitude
- -82.8782
- Latitude
- 41.283
- CBSA code
- 23380
- CBSA name
- FREMONT, OH MICROPOLITAN STATISTICAL AREA