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 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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