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    OFF-MARKET
    Drive through restaurants

    3929 Hbr Rd, Port Clinton, OH 43452-2662

    1,500 SF 0.88 ac lot Built 1954
    Individually Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US66-2034961
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Barry Bagels Catawba Island (Bike/Boat/Book/etc) Store Bakery
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Knoll Crest Investors Ltd · 7 yrs held
    Knoll Crest Investors Ltd
    since 2019
    3 recorded transactions
    2023
    2019
    $450,000
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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