1021 Sandusky StPerrysburg, OH 43551

  • Office properties
  • 10,251 SF
For Lease
$13.50/SF/YR View listing

Property Details for 1021 Sandusky St

Year built
1987
Lot size
0.76 AC
Property size (Sq ft)
10,251 SF
Property type
Office properties
Property subtype
Office buildings
APN
Q61-400-0504-06-013.000
APU
Q61400050406013000

Description

Three Meadows Plaza, located at 1021 Sandusky Street in Perrysburg, Ohio, presents a unique opportunity for businesses seeking flexible office space. This single-story, 10,551 square foot Class B building, renovated in 2023, offers multiple suites for lease, with a minimum divisible space of 1,332 square feet and a maximum contiguous space of 3,750 square feet. The building features a total of eight suites, currently having 1,332 square feet vacant. The property sits on a 0.76-acre lot and boasts 55 parking spaces. Suite configurations vary, with some offering private entrances, exterior signage, waiting rooms, reception areas, multiple offices, conference rooms, and restrooms. Specific suite layouts include options with private restrooms and exterior exits. Some suites were previously used as medical and legal offices, while others served as mortgage broker offices. The building's location at a stoplight on Sandusky Street provides excellent visibility and accessibility, with close proximity to I-75 and numerous amenities. The building is zoned C-1. Ceiling heights range from 8'6" to 9'0". Elevators are not available. The property's APN is Q61-400-050406013000. This versatile property is ideal for a variety of businesses seeking a well-maintained and conveniently located office space in the Perrysburg submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,754,848
    6.5%
    $1,619,859
    7%
    $1,504,155
  • Comparable approach

    Method
    Valuation
    Relative Method
    $958,879
    Geo Method
    $958,879
  • Alternative Use

    Use
    Valuation
    Residential
    $2,008,626
    Hospitality
    $1,839,890
    Educational
    $1,530,767
    Medical
    $1,583,412
    Retail
    $2,381,193
1021 Sandusky St, Perrysburg, Ohio

Location Insight

City
Perrysburg
County
Wood
State
Ohio
Latitude
41.553
Longitude
-83.6086
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
$19,538
$69,510
$207,900
$277,410
-
$198,600
$594,000
$792,600

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