28603 Glenwood Rd Perrysburg, OH 43551-3011
- Truck terminals
- 2.87 lot acres
Current Use by Public Records
- Ward Transport & Logistics Corp. / Trucking Company
- Rock Transfer & Storage / Trucking Company / Transportation Service
Property Details for 28603 Glenwood Rd
- Lot size
- 2.87 lot acres
- Property type
- Truck terminals
- APN
- P57-300-3503-01-035.000
- APU
- P57300350301035000
Description
This exceptional 5.9-acre parcel of land, located at 28603 Glenwood Road in Perrysburg, Ohio, presents a unique investment opportunity. Zoned for both commercial and industrial uses, this single-tenant property offers significant potential for development or expansion. The expansive lot size provides ample space for a variety of projects, catering to businesses requiring significant land area for operations or storage. Situated in Wood County, Ohio, with a Perrysburg address and zip code 43551, this property boasts convenient access to major transportation routes, enhancing its logistical appeal. The property is currently improved with 25 trailer stalls, providing immediate income potential or a solid foundation for future development. The land's versatility makes it suitable for a wide range of commercial and industrial uses, from warehousing and distribution to manufacturing and light industrial operations. This prime location in Perrysburg offers a thriving business environment and access to a skilled workforce. The property's single-tenant status simplifies management and provides a stable income stream. With its strategic location, ample space, and versatile zoning, this property represents a compelling investment opportunity for discerning buyers seeking a significant land holding in a desirable Ohio location. The total building square footage is listed as 1 square foot, indicating the land is primarily undeveloped.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $570,000
- 6.5%
- $520,000
- 7%
- $595,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $595,000
- Geo Method
- $540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $590,000
- Retail
- $585,000
- Mixed-Use
- $650,000
- Hospitality
- $660,000
- Educational
- $525,000
- Residential Income
- $540,000
- Energy
- $585,000
- Income-Based Land
- $665,000
- Food Service
- $675,000
Location Insight
- Map
- Local Demand
- City
- Perrysburg
- County
- Wood
- State
- Ohio
- Longitude
- -83.5584
- Latitude
- 41.5667
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
