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Property profile & analytics
FOR LEASE
Grocery and convenience stores

811 Fox Rd Van Wert, OH 45891

8.72 ac lot Built 1989
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-5012562
Property summary
AI-generated overview

This exceptional 1.3-acre commercial land parcel presents a prime development opportunity in Van Wert, Ohio. Strategically located at 811 Fox Road, this outlot enjoys high visibility and accessibility from both Fox Road and South Shannon Street (SR 118), ensuring significant exposure to a substantial customer base. The property is situated within the thriving Shannon Station shopping center, alongside established national retailers such as Rural King, H&R Block, and Fricker's, further enhancing its desirability and potential for success. The surrounding area also boasts a strong retail presence, including Big Lots, Ruler Foods, and Tractor Supply Co., creating a vibrant and attractive commercial environment. This location benefits from a robust demographic profile, with a population exceeding 350,000 within a 30-mile radius and an average household income surpassing $69,000 within a 15-mile radius. Van Wert County's position among the top 100 micropolitan communities in the nation underscores its economic strength and growth potential. This 1.3-acre lot in Van Wert County, Ohio, zip code 45891, offers developers a unique chance to capitalize on a thriving market and establish a successful business in a high-traffic location. The property's size and location make it ideal for a variety of commercial uses.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1989
Construction CONCRETE BLOCKS
Lot 8.72 ac (379,974 SF)
APN 12-034452.1502
UPID US66-5012562
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rural King Guns Gun Shop
  • Rural King Big Box & Wholesale Store Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.15M
Owner & transaction history
B Speer Holdings LLC · 6 yrs held
B Speer Holdings LLC
since 2020
Last sale
$2.2M
5 recorded transactions
2020
Price N/A
2020
Price N/A
2018
Price N/A
2016
Price N/A
2007
$2.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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