28300 Kensington LnPerrysburg, OH 43551

Property Details for 28300 Kensington Ln

Year built

1998

Lot size

1.31 AC

Property size (Sq ft)

10,997 SF

Property type

Office properties

Property subtype

Office buildings

APN

P60-400-0402-07-003.000

APU

P60400040207003000

Description

This exceptional Class A, single-story office building, located at 28300 Kensington Lane in Perrysburg, Ohio, presents a unique owner-occupant opportunity with long-term income potential. The 10,998 square foot building sits on a 1.21-acre lot and boasts a professional, well-maintained interior. Currently, there is 5,729 square feet of vacant space available, divisible to a minimum of 2,500 square feet. The building features attractive natural woodwork, large windows, and ceiling heights ranging from 8 to 14 feet. Amenities include a bullpen area, a conference room, and a kitchen. The property benefits from prominent monument signage and is in move-in condition. Built in 1998, this property is situated in Wood County, Ohio, with easy access to Perrysburg Township. The building is professionally managed and currently houses Kersten Wealth Management as a tenant. The vacant space is ideal for a variety of executive office uses. Tenants are responsible for in-suite janitorial services. There is no personal income tax in Ohio. This is a rare opportunity to acquire a high-quality office building in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,882,554

  6.5%

  $1,737,742

  7%

  $1,613,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,028,659

  Geo Method

  $1,028,659

• Alternative Use

  Use

  Valuation

  Residential

  $2,154,800

  Hospitality

  $1,973,785

  Educational

  $1,642,166

  Medical

  $1,698,643

  Retail

  $2,554,481

Location Insight

City

Perrysburg

County

Wood

State

Ohio

Latitude

41.5626

Longitude

-83.59

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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