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    4201 Milan Rd Sandusky, OH 44870-5850

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    4201 Milan Rd Sandusky, OH 44870-5850


    • Strip malls
    • 10,200 SF
    • 1.33 lot acres
    Off-Market
    Property ID
    US66-6298453
    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.

    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jimmy John's - Sandusky, OH / Take-out & Catering / Catering Service
    • Cricket Wireless Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store
    • Amazon Hub Counter - AAA Sandusky / Postal Service / Courier Service
    • Commerce Plaza - Sandusky, OH / Shopping Center & Mall
    • Clothes Mentor / Clothing & Fashion Store

    Property Details for 4201 Milan Rd

    Year built
    2007
    Lot size
    1.33 lot acres
    Property size
    10,200 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    32-04588-000
    APU
    3204588000

    Description

    Commerce Plaza, located at 4201 Milan Rd in Sandusky, Ohio, presents a unique opportunity for businesses seeking high-visibility commercial space. This single-story, 10,200 square foot building, constructed in 2007, sits on a 1.33-acre lot in Erie County and is zoned for commercial use. The property boasts seven suites, with a minimum divisible space of 1,200 square feet and currently 3,000 square feet of vacant space available, including options for 1,500 or 3,000 square foot spaces. The building offers ample parking with 42 spaces available for tenants and customers. Its prime location on US 250 provides excellent visibility and accessibility, situated directly across from The Sandusky Mall and Target, ensuring high traffic volume and exposure. The property benefits from access to multiple traffic signals, further enhancing its accessibility. Currently, the building enjoys a diverse mix of tenants, anchored by Clothes Mentor. This is an exceptional opportunity to establish a presence in a thriving commercial area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $570,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $479,000
      Market price range: $184k - $480k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $345,000
      Current use
      OFFICE BUILDING
      $875,000
      Change: +154% Conversion: Moderate
      RETAIL STORES
      $790,000
      Change: +130% Conversion: Easy
      MEDICAL BUILDING
      $705,000
      Change: +106% Conversion: Difficult
      WAREHOUSE, STORAGE
      $490,000
      Change: +43% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Sandusky
    County
    Erie
    State
    Ohio
    Longitude
    -82.6747
    Latitude
    41.4178
    CBSA code
    41780
    CBSA name
    SANDUSKY, 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
    $44,264
    $214,070
    $377,541
    $591,611
    -
    $611,630
    $1,078,690
    $1,690,320
    More about this property
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