Property profile

3929 Hbr Rd Port Clinton, OH 43452

OFF-MARKET
Drive through restaurants
Property ID
US66-2034961
1,500 SF 0.88 ac lot Built 1954
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This ±2.09-acre industrial land parcel presents a unique investment opportunity in Port Clinton, Ohio. Located at a hard signalized intersection on E Harbor Rd (41.5242848, -82.8582645), this highly visible site boasts over 111,000 vehicles per day. The C-2 zoning allows for a variety of commercial uses. The property's prime location within a dense retail corridor offers exceptional visibility and accessibility. Neighboring businesses include Walmart, Taco Bell, Biggby Coffee, Arby's, McDonald's, Huntington Bank, Speedway, Holiday Inn Express, Hampton Inn, Dollar General, Subway, Goodwill, and a new Hampton Inn and Suites. It's also directly across from Knoll Crest Shopping Center, anchored by Bassett's Market, a local grocery store operating for over 120 years. Port Clinton's thriving tourism industry, driven by Lake Erie's recreational opportunities, significantly increases traffic and population during the summer months. This property is available for sale or ground lease, making it an attractive option for developers seeking a high-impact location in a bustling market. The property's address is 3929 E Harbor Rd, Port Clinton, OH 43452, in Ottawa County.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1954
Construction CONCRETE BLOCKS
Total area 1,500 SF
Lot 0.88 ac (38,333 SF)
APN 020-07815-10357-000
UPID US66-2034961

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
  • (Bike/Boat/Book/etc) Store Bakery

Location

3929 Hbr Rd Port Clinton, OH 43452-2662
Port Clinton metro Census 51201 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2019
3 recorded transactions
2023
Price N/A
2019
$450,000
2016
Price N/A

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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