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Property profile & analytics
OFF-MARKET Estimated value $745,000
Automotive properties

1611 Sawmill Pkwy Huron, OH 44839-2247

21,000 SF 4.24 ac lot Built 2007
Entity Owned ~ Est. High Equity
Property ID
US66-4365155
Property summary
AI-generated overview

This exceptional 99,036 square foot industrial property, located at 1611 Sawmill Pkwy in Huron, Ohio, presents a unique investment opportunity. The property consists of five single-story buildings totaling 99,036 square feet, situated on a 7.153-acre lot. Built in 1997 and extensively renovated in 2022, the property boasts significant upgrades including new backup power generators, LED lighting, and ceiling fans for improved ventilation. The warehouse features extensive electrical in all work areas, with Buildings 3, 5, and 6 offering 208-volt/50-amp outlets. Access is provided by two 20-foot-wide concrete entry drives. The property benefits from unparalleled visibility to State Route 2, enhanced by a pylon sign and flagpole. Buildings 5 and 6, along with the showroom, are currently under a 15-year tax abatement. The property is zoned for industrial use and has the APN numbers 42-01952.007, 42-01952.004, 42-01952.005, 42-01952.002, and 42-01952.006. Offered at $9,500,000 with a 5-year NNN lease term for a single tenant. This property is ideal for a variety of industrial uses and offers a strong return on investment.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2007
Construction STEEL FRAME
Total area 21,000 SF
Lot 4.24 ac (184,568 SF)
APN 42-01952-007
UPID US66-4365155
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$745k
Owner & transaction history
C & M Properties Mgmt Ltd
C & M Properties Mgmt Ltd
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.4M +30.0%
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