1021 Sandusky StPerrysburg, OH 43551

Property Details for 1021 Sandusky St

Year built

1987

Lot size

0.76 AC

Property size (Sq ft)

10,251 SF

Property type

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.

• 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 Income

  $2,008,626

  Hospitality / Lodging

  $1,839,890

  Institutional / Educational

  $1,530,767

  Healthcare / Senior Housing

  $1,583,412

  Retail / Commercial

  $2,381,193

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

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