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    Property profile & analytics

    4 Turtle Creek Cir Swanton, OH 43558

    • Commercial land
    • 1.09 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2152417
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 4 Turtle Creek Cir

    Lot size
    1.09 lot acres
    Zone code
    18-B3
    Property type
    Commercial land
    APN
    75-00246
    APU
    7500246

    Description

    This exceptional 5.59-acre commercial land parcel, located at 4 Turtle Creek Circle in Swanton, Ohio, presents a unique investment opportunity. Situated in the heart of Fulton County's B-3 Central Business District, this property boasts a highly desirable location with excellent access and visibility. The site is fully improved with all utilities in place, making it truly "shovel ready" for immediate development. Its convenient corner lot configuration ensures maximum exposure and accessibility. The property's strategic location offers easy access to major transportation arteries, including the Ohio Turnpike and Toledo Express Airport, providing seamless connectivity for businesses and their employees. The parcel is comprised of five contiguous lots, with APNs 75-00246, 75-00244, 75-00247, 75-00248, and 75-00250. Priced at $150,000 per acre, this represents a compelling value proposition for developers seeking a prime location to build their next project. The property's size and zoning allow for a wide range of commercial development possibilities, making it an ideal investment for businesses seeking a strategic foothold in a thriving Ohio market. Don't miss this chance to acquire this exceptional commercial land parcel in a highly sought-after location. Contact us today to learn more.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Swanton
    County
    Lucas
    State
    Ohio
    Longitude
    -83.8757
    Latitude
    41.581
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $68
    $354
    $0.00
    $354
    -
    $1,010
    $0.00
    $1,010

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

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      107 Main St

      VACANT COMMERCIAL LAND • 0.01 Acres
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      0.01 Acres

      Sanderson Ave

      VACANT COMMERCIAL LAND • 0.01 Acres
      Sanderson Ave, Swanton, OH 43558
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      0.00 Acres

      Turtle Crk Cir

      VACANT COMMERCIAL LAND • 0.00 Acres
      Turtle Crk Cir, Swanton, OH 43558
      View Details
    • Value Estimation by Request
      2.33 Acres

      Us Hwy 20a

      VACANT COMMERCIAL LAND • 2.33 Acres
      Us Hwy 20a, Swanton, OH 43558
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    • Value Estimation by Request
      0.30 Acres

      Airport Hwy

      VACANT COMMERCIAL LAND • 0.30 Acres
      Airport Hwy, Swanton, OH 43558
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Shovel Ready Corner Land

      Corner site with utilities, convenient access, and high visibility.
      4 Turtle Creek Cir, Swanton, OH 43558
      View Details
    • $109,900

      Commercial Land Near Toledo Airport

      Commercial land with potential tax abatement near Toledo Express Airport.
      11945 Sager Rd, Swanton, OH 43558
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    • $450,000
      3 SF

      Swanton Development Site For Sale

      3.3+/- acre B3-zoned development site near Swanton, Ohio.
      14147 Airport Hwy, Swanton, OH 43558
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      Monclova Township Development Site

      4.08 acre development site with mixed zoning.
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      Commercial Land Near Kroger Store

      Commercially zoned land with utilities, near Airport Highway.
      517 S Main St, Swanton, OH 43558
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      Swanton Township Land Opportunity

      Just under 2 acres of land in Swanton Township.
      3640 S Berkey Southern Rd, Swanton, OH 43558
      View Details
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    4 Turtle Creek Cir
    Swanton, OH 43558
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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