Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4250 Corduroy Rd Oregon, OH 43616
    Back to Search
    Property profile & analytics

    4250 Corduroy Rd Oregon, OH 43616

    View on Map
    • Distribution centers
    • 100,000 SF
    Off-Market
    Property ID
    US66-2515778
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 4250 Corduroy Rd

    Property size
    100,000 SF
    Property type
    Distribution centers
    Property subtype
    Manufacturing properties

    Description

    This exceptional 100,000-square-foot industrial property, located at 4250 Corduroy Road in Oregon, Ohio, presents a unique opportunity for manufacturing, warehouse, or distribution businesses. Built in 2023, the facility boasts a flexible floor plan adaptable to diverse operational needs. The site features heavy power capabilities, with a robust 2,000-amp service, ensuring ample power for demanding industrial processes. Multiple tenants are currently accommodated. The property includes readily available additional dock and grade-level doors, enhancing efficiency and logistics. Utility services are readily accessible, and a tax abatement is currently in place, offering significant financial advantages. Further expansion is facilitated by an additional 10 acres of land available for future development. Strategic location is a key benefit, with convenient access to major transportation arteries. The property is less than four miles from I-280, providing seamless connectivity to regional and national transportation networks. Furthermore, it's situated within a 45-minute drive of Detroit Metropolitan Airport and 10 miles from a port, streamlining shipping and logistics. The site is ideally suited for businesses requiring substantial space, robust power, and excellent access to transportation infrastructure. This property offers a compelling combination of modern construction, strategic location, and significant expansion potential within Lucas County. The property is zoned for manufacturing, warehouse, and distribution uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Oregon
    County
    Lucas
    State
    Ohio
    Longitude
    -83.447277
    Latitude
    41.657428

    Comparable in this City

    • $5 SF/Yr

      Industrial Warehouse in Spartan Park

      60,000 SF warehouse near automotive suppliers and major routes.
      4070 Spartan Dr, Oregon, OH 43616
      View Details
    • Contact for pricing

      Redevelopment Opportunity on Corner Lot

      4.25 acre corner lot with excellent visibility and exposure.
      2195 Navarre Ave, Oregon, OH 43616
      View Details
    • $12 SF/Yr
      1,250 SF

      Oregon Medical Office Condo

      1,250 SF Medical Office - For Sale or Lease
      2735 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      Land For Rent

      One acre of land available for single tenant use.
      3232 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      Retail Space in Oregon Center

      Retail space available in Oregon Town Center development.
      2830 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      Freestanding Building with Showroom

      Freestanding building with restroom, showroom, high ceiling, and gym.
      2295 Starr Ave, Oregon, OH 43616
      View Details

    Similar Nearby for Sale

    • $1,795,000
      16,861 SF

      Navarre Avenue Investment Opportunity

      Retail, storage, and parking property on high-traffic Navarre Avenue.
      2701 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      Oregon Development Site Opportunity

      16.25 acre development site ideal for mixed-use.
      4440 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      24.38 Acres of Land

      Land for manufacturing and warehousing development in Oregon, Ohio.
      Corduroy Rd At Blue Heron Dr, Oregon, OH 43616
      View Details
    • $1,280,000

      42 Acres Development Land

      Two parcels totaling 42 acres, ideal for development.
      5538 Navarre Ave, Oregon, OH 43616
      View Details
    • $35,000
      40 SF

      Oregon Land Near Industrial Hub

      40 acre land parcel near major industrial facilities.
      5255 Cedar Point Rd, Oregon, OH 43616
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr

      Industrial Warehouse in Spartan Park

      60,000 SF warehouse near automotive suppliers and major routes.
      4070 Spartan Dr, Oregon, OH 43616
      View Details
    • Contact for pricing

      Redevelopment Opportunity on Corner Lot

      4.25 acre corner lot with excellent visibility and exposure.
      2195 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      Retail Space on Navarre Avenue

      Retail space available on a major retail corridor.
      3165 Navarre Ave, Oregon, OH 43616
      View Details
    • $14,400 /Mo
      7,200 SF

      Navarre Ave Office Space For Lease

      1,000 SF Office, Prime Oregon Location
      2300 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing

      Retail Space Available for Lease

      Retail property available for lease in Oregon, Ohio.
      2830 Navarre Ave, Oregon, OH 43616
      View Details
    • Contact for pricing
      2,240 SF

      Retail Space in Oregon Town Center

      Retail space available in Oregon Town Center development.
      2830 Navarre Ave, Oregon, OH 43616
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4250 Corduroy Rd
    Oregon, OH 43616
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4250 Corduroy Rd, Oregon, OH, 43616
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!