Technical
Financial
Distress signals
Property profile

3716 Columbus Ave Sandusky, OH 44870

OFF-MARKET
Retail space
Property ID
US66-2329727
2,640 SF 1.14 ac lot Built 1950
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,000 square foot warehouse property in Perkins Township, Sandusky, Ohio, presents a unique investment opportunity. Situated on a generous 1.14-acre lot, the building features three individual bays, previously utilized for the storage of business equipment. The property is currently offered at $1950. Each bay requires a build-out, estimated at $750 per bay, with the possibility of a partial bill-back to the tenant contingent upon the specific build-out requirements. This flexible arrangement allows for customization to suit a variety of business needs. The property's location in Perkins Township offers convenient access to major transportation routes and amenities, making it an attractive option for businesses seeking a functional and adaptable warehouse space. The seller is open to discussing build-out options and collaborating with potential tenants to create a space that perfectly meets their operational needs. This is a rare chance to acquire a versatile warehouse property at an attractive price point, with the potential for significant return on investment. Serious inquiries are encouraged to schedule a private viewing and explore the possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 2,640 SF
Lot 1.14 ac (49,658 SF)
APN 32-00764-000
UPID US66-2329727

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
  • Hardware & Home Improvement Construction Company

Location

3716 Columbus Ave Sandusky, OH 44870-7088
Sandusky metro Census 41900 SANDUSKY, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2024
Last sale
$450,000
2 recorded transactions
2024
$337,500
2024
$450,000

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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