4920 Milan Rd Sandusky, OH 44870-5899
- Strip malls
- 21,236 SF
- 3.77 lot acres
Current Use by Public Records
- Sprint Store / Cell Phone Store
- Miracle-Ear Hearing Aid Center / Hearing Aid Store / Hearing Aid Repair Service
- VIP Nails / Nail Salon
- Outback Plaza - Sandusky, OH / Business Center / Shopping Mall
- Boost Mobile / Cell Phone Store
Property Details for 4920 Milan Rd
- Year built
- 2001
- Lot size
- 3.77 lot acres
- Property size
- 21,236 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 32-03494-004
- APU
- 3203494004
Description
Outback Plaza, a thriving 21,650 square foot retail strip center in Sandusky, Ohio, presents a prime leasing opportunity. Located at 4920 Milan Rd (cross street: Meijer Drive), this 2001-built center sits on a 4.31-acre lot and boasts 150 parking spaces, ensuring ample customer convenience. The property is zoned commercial (APN: 3203494004) and currently houses ten suites, with a minimum divisible space of 1,500 square feet. One 1,500 square foot unit is currently available for lease, offering a chance to join a successful tenant mix that includes established businesses such as Outback Steakhouse, H&R Block, and The Exchange. The strategic location provides excellent visibility and accessibility, directly connecting to major retailers like Starbucks, AT&T, Meijer, and the popular Great Wolf Lodge. A traffic signal at the intersection further enhances visibility and convenient access. A three-year minimum lease term is preferred. This property offers a strong investment opportunity in a high-traffic area with established businesses and significant foot traffic. The property's size, location, and existing tenant base make it an ideal location for a variety of retail businesses seeking high visibility and a strong customer base.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $720,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $998,000
Market price range: $382k - $999k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $715,000 Current use
- WAREHOUSE, STORAGE
- $1,025,000 Change: +43% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sandusky
- County
- Erie
- State
- Ohio
- Longitude
- -82.6634
- Latitude
- 41.4088
- CBSA code
- 41780
- CBSA name
- SANDUSKY, OH METROPOLITAN STATISTICAL AREA