2180 SeanFremont, OH 43420

  • Strip malls
  • 26,840 SF
Off market
$35,366,410 Estimated

Property Details for 2180 Sean

Year built
2002
Lot size
3.53 AC
Property size (Sq ft)
26,840 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
34-60-00-0382-22
APU
346000038222

Description

Liberty Square I, a single-story retail strip center in Fremont, Ohio, offers a prime opportunity for businesses seeking high visibility and strong traffic. This 26,740 square foot center sits on a 3.53-acre lot and boasts a highly desirable location just half a mile north of the intersection of State Route 53 and State Route 19/20/6. The property benefits from its strategic placement within a rapidly growing retail corridor, evidenced by significant recent development in the area. Currently, one 7,000 square foot space is available for lease. The center enjoys exceptional visibility and accessibility, complemented by ample parking and excellent signage opportunities. Liberty Square I is anchored by a Walmart Supercenter and a Lowe's Home Improvement Center, two major retail powerhouses. These anchors are surrounded by a strong mix of national retailers, including Shoe Show, Pet Supplies Plus, Subway, and Rent A Center, creating a vibrant and successful retail environment. The property's APN is 34-60-00-0382-22, and it is located in Sandusky County. This is an exceptional opportunity to establish a business in a thriving retail hub with significant potential for growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,097,916
    6.5%
    $6,551,922
    7%
    $6,083,928
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,326,746
    Geo Method
    $6,326,746
  • Alternative Use

    Use
    Valuation
    Residential
    $5,526,791
    Hospitality
    $5,062,511
    Educational
    $4,211,950
    Medical
    $4,356,805
    Retail
    $6,551,922

Location Insight

City
Fremont
County
Sandusky
State
Ohio
Latitude
41.3765
Longitude
-83.1193
CBSA code
23380
CBSA name
FREMONT, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,537
$226,030
$501,660
$727,690
-
$645,800
$1,433,300
$2,079,100

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