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Property profile & analytics
OFF-MARKET
Retail space

3716 Columbus Ave Sandusky, OH 44870-7088

2,640 SF 1.14 ac lot Built 1950
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-2329727
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gerold Construction Co Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
3716 Columbus Investments LLC · 2 yrs held
3716 Columbus Investments LLC
since 2024
Last sale
$450,000
2 recorded transactions
2024
$337,500
2024
$450,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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