684 Ctr Rd Conneaut, OH 44030-2311
This exceptional commercial opportunity encompasses a substantial 70+ unit storage facility, a residential home, and a barn, all situated on a generous 4.59-acre lot. The property boasts excellent visibility due to its strategic location along Route 7, conveniently close to the I-90 exit ramp, ensuring high traffic exposure and accessibility. The storage facility itself offers a diverse range of units, catering to various storage needs, including ample space for boats and RVs. The existing residential home presents a unique opportunity for renovation or redevelopment. While the home requires some upgrades to the septic system before occupancy, a new septic tank is already installed, simplifying the necessary improvements. The accompanying barn provides additional storage or potential for versatile use. This multifaceted property presents a rare combination of commercial income potential and residential possibilities, making it an attractive investment for a discerning buyer seeking a unique and well-positioned asset in a desirable location. The property's size and location offer significant potential for expansion or further development, capitalizing on the high demand for storage solutions and residential properties in the area. The combination of commercial and residential components provides a diversified investment opportunity with multiple revenue streams. This is a truly unique opportunity not to be missed.
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Space Place Storage Facility
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
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.