1775 Progress DrPerrysburg, OH 43551

  • Warehouses
  • 253,252 SF
For Sale
$18,900,000 View listing

Property Details for 1775 Progress Dr

Year built
1996
Lot size
28.90 AC
Property size (Sq ft)
253,252 SF
Property type
Warehouses
APN
Q61-400-1900-00-008.001
APU
Q61400190000008001

Description

This exceptional 252,600-square-foot industrial property in Perrysburg, Ohio, is offered for sale at $18,900,000. Situated on 28.9 acres, this single-story, 1996-built warehouse boasts a General Industrial - I 2 zoning designation. The building features 13 loading docks, including four 8.5' x 10' docks with levelers and one 14' x 14' overhead door with a drive apron on the east elevation, and nine additional docks with levelers on the west elevation. Inside, you'll find a dedicated machine/fabrication shop, a cafeteria, and an IT room. The property also includes a fenced area for industrial gas storage and internal roof drains that lead to a retention pond. Ample parking is available with 153 spaces. The building offers ceiling heights ranging from 24' to 28'. A significant advantage is the property's excellent location, providing easy access to I-75, I-475, US 23, and the Ohio Turnpike (I-80/90), with high visibility from I-75. The property is served by a 138 KVA substation with 100,000 KVA @ 12,000 volts and 10,000 KVA @ 480 volts power. Expansion potential exists to the north. This NNN lease property is available for a 10-year term. The APN is Q61-400-1900-00008001. This is a prime opportunity for a significant industrial investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $49,623,300
    Hospitality
    $45,454,676
    Educational
    $37,817,756
    Medical
    $39,118,368
    Retail
    $58,827,620

Location Insight

City
Perrysburg
County
Wood
State
Ohio
Latitude
41.516
Longitude
-83.6367
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN 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
$129,342
$321,300
$1,514,940
$1,836,240
-
$918,000
$4,328,400
$5,246,400

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