Technical
Financial
Distress signals
Property profile

3450 Blackmore Rd Perry, OH 44081

FOR SALE
Manufacturing properties
Property ID
US66-6311040
22,410 SF 2.88 ac lot Built 2001
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property in Perry, Ohio, offers a total of 11.258 acres of land, strategically divided into three parcels for flexible development options. Parcel #1, encompassing 3.1 acres, is identified by APN 03A014A000130 and is priced at $68,200. Parcel #2, measuring 3.2 acres and designated as APN 03A014A000160, is offered at $70,400. Finally, Parcel #3, the largest at 4.7 acres and with APN 03A014A000170, is listed at $103,840. The property boasts convenient access to Route 2 and I-90, ensuring seamless transportation and logistics. All utilities are available on-site, simplifying development plans. This location is situated within the Joint Economic Development District, providing potential access to economic incentives and development support. The property is ideal for various industrial uses, offering a significant opportunity for investors and developers seeking a strategic location in a thriving area. The address is 3450 Blackmore Rd, Perry, OH 44081, and the property is zoned for industrial use. This is a rare opportunity to acquire a substantial land holding in a prime location with excellent infrastructure and accessibility.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2001
Construction WOOD
Total area 22,410 SF
Lot 2.88 ac (125,279 SF)
APN 03-A-014-A-00-008-0
UPID US66-6311040

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
  • Industrial Manufacturer Production Facility
  • Building Supply

Location

3450 Blackmore Rd Perry, OH 44081
Perry metro Census 206300 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$395k

Owner & transaction history

since 2008
5 recorded transactions
2022
Price N/A
2018
Price N/A
2008
$620,900
2008
$16,900
2004
$57,500

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.2M +26.8%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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