2100 State StFremont, OH 43420

Property Details for 2100 State St

Year built

1945

Lot size

0.38 AC

Property size (Sq ft)

2,366 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

34-50-00-6399-00

APU

345000639900

Description

This exceptional commercial land parcel presents a unique opportunity for investors and developers. Located at 2100 W State Street in Fremont, Ohio, this 0.07-acre lot boasts a prime location in a high-traffic area, ensuring excellent visibility and accessibility for any future business. The property has recently undergone significant improvements, including leveling and hydroseeding, eliminating the need for extensive site preparation. This significantly reduces development time and costs, making it an attractive investment for those seeking a quick turnaround. The property's size is ideal for a variety of commercial uses, from small retail spaces to light industrial buildings. Its strategic location on State Street guarantees high exposure to potential customers and clients. The asking price of $16,000 represents exceptional value for a ready-to-develop commercial lot in a desirable location. Don't miss this chance to acquire a piece of prime Fremont real estate. Act quickly, as opportunities like this are rare. The property is zoned for commercial use (verification of zoning with local authorities is recommended). All utilities are available at the street. This is a blank canvas awaiting your vision.

• CAP approach

  CAP return

  Valuation

  6%

  $625,696

  6.5%

  $577,565

  7%

  $536,310

• Comparable approach

  Method

  Valuation

  Relative Method

  $557,715

  Geo Method

  $557,715

• Alternative Use

  Use

  Valuation

  Residential

  $487,198

  Hospitality

  $446,271

  Educational

  $371,292

  Medical

  $384,061

  Retail

  $577,565

Location Insight

City

Fremont

County

Sandusky

State

Ohio

Latitude

41.3589

Longitude

-83.1408

CBSA code

23380

CBSA name

FREMONT, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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