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Property profile & analytics
OFF-MARKET Estimated value $545,000
Retail space

345 Walton St Willard, OH 44890-9111

6,536 SF 1.03 ac lot Built 2011
Entity Owned 14-yr Hold Free & Clear
Property ID
US66-3137097
Property summary
AI-generated overview

This 1.03-acre commercial land parcel is ideally situated in Willard, Ohio, at 345 E Walton St, in Huron County, zip code 44890. The property enjoys a prime location along a major retail corridor, directly adjacent to an O'Reilly Auto Parts store, ensuring high visibility and accessibility. This presents a remarkable development opportunity for a freestanding building, potentially incorporating a drive-thru feature, catering to the significant daily traffic volume. With a recorded 10,435 vehicles passing daily on Walton Street, this site offers exceptional exposure for any commercial venture. The property is available for both sale and lease, making it a versatile option for various business needs. Its location within the established retail area of Willard provides immediate access to a customer base and complements the existing commercial infrastructure. The substantial lot size allows for ample space for building construction and potential future expansion. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving Ohio community. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2011
Total area 6,536 SF
Lot 1.03 ac (44,910 SF)
APN 51-036A-02-004-0201
UPID US66-3137097
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
Current use
Occupant on record · Public records
  • O'Reilly Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$430k
Comparable Approach Comparable
$535k
Blend (final) Blend
$545k
Owner & transaction history
Cole Or Willard Oh LLC · 14 yrs held
Cole Or Willard Oh LLC
since 2012
2 recorded transactions
2012
$1.1M
2011
$780,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $625,000 +76.9%
Office building $490,000 +38.7%
Restaurant $460,000 +29.9%
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