508 Perkins Ave Sandusky, OH 44870
This exceptional Sandusky, Ohio investment opportunity encompasses two prime commercial land parcels totaling 2.35 acres at 508 W. Perkins Ave, zoned I-1 Light Industrial, permitting C-1 and C-2 uses. Each site boasts high visibility and high traffic exposure on Perkins Avenue, featuring curb cuts for convenient access. Site A measures approximately 1.24 acres, while Site B is roughly 1.11 acres. Purchasers can acquire either site individually for $375,000 or both for $595,000, representing a land value of $253,191.49 per acre. The property's location within a thriving community, boasting a population of 39,819 within a 5-mile radius and an average household income of $63,321, presents significant potential for business growth. This build-to-suit opportunity allows for customized development, catering to a variety of commercial and industrial needs. The property's APN is 32-00902.001. This is a rare chance to secure a prime commercial property in a desirable location. The property is located in Erie County, Ohio, zip code 44870.
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ThorWorks West Perkins Warehouse & Storage
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ThorWorks Industries Inc Warehouse & Storage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.