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2006 E Harbor Rd Port Clinton, OH 43452

Medical Office Space Google Maps
5,248 SF 2 ac lot Built 2017
Entity Owned 10-yr Hold Free & Clear
2006 E Harbor Rd, Port Clinton, OH 43452 For Sale
Contact for pricing 5,248 SF
2006 E Harbor Rd, Port Clinton, OH 43452
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Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US66-6246087

Property summary

AI-generated overview

This exceptional commercial land opportunity presents four prime outlots available for ground lease in a high-traffic plaza anchored by a Kroger grocery store. Located at 2006 E Harbor Rd, Port Clinton, OH 43452, this property offers build-to-suit options with a maximum space of 12,000 square feet. The site is zoned for commercial use and benefits from excellent visibility and accessibility, situated on SR 163, conveniently close to SR 2. The property's location within a thriving retail center ensures high foot traffic and strong potential for various businesses. The outlots are ideal for a range of commercial ventures, including office spaces, restaurants, or retail establishments. A traffic signal provides convenient access for customers and employees. This is a single-tenancy opportunity in Ottawa County, Ohio, offering a strategic location for businesses seeking high visibility and a strong customer base. The property is designated as Commercial Land with a Commercial zoning classification. This presents a unique chance to establish a presence in a bustling retail environment.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2017
Construction FRAME
Total area 5,248 SF
Lot 2 ac (87,120 SF)
APN 020-20910-34446-000
UPID US66-6246087

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Medical School

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$547k
Blend (final) Blend
$250k

Owner & transaction history

since 2015
2 recorded transactions
2015
$175,000
2005
$350,000

Zoning & alternative use

Top alternative use upside
Office building $565,000 +42.6%
Commercial (general) $480,000 +21.7%
Restaurant $440,000 +10.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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