135 Airport HwySwanton, OH 43558

  • Retail properties
  • 19,200 SF
For Lease
$8/SF/YR View listing

Property Details for 135 Airport Hwy

Year built
1973
Lot size
0.33 AC
Property size (Sq ft)
19,200 SF
Property type
Retail properties
Property subtype
Community centers
APN
28-053644-00.000
APU
2805364400000

Description

This exceptional retail opportunity in Swanton, Ohio, presents 10,800 square feet of available space within a larger 22,696 square foot building situated on a 1.66-acre lot. The space, previously occupied by a Family Dollar, offers a versatile layout including 8,460 square feet of showroom space and 2,340 square feet of storage. Built in 1973, the property boasts excellent street visibility enhanced by a large pylon sign. The ample parking accommodates 64 vehicles. The property is zoned commercial and features electrical service ranging from 100 amps to 225 amps, ensuring sufficient power for a variety of retail uses. The property's location at 135 E. Airport Highway, Swanton, OH 43558 (APN 28-053644-00.000, Fulton County) benefits from its proximity to other established businesses, including McDonald's, Wendy's, Kroger, Dollar Tree, Speedway, and Taco Bell, creating a strong retail environment. This multi-tenant building offers a significant opportunity for a business seeking high visibility and convenient access in a thriving commercial area. The property's size and location make it ideal for a variety of retail concepts.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,831,608
    6.5%
    $4,459,946
    7%
    $4,141,379
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,525,840
    Geo Method
    $4,525,840
  • Alternative Use

    Use
    Valuation
    Residential
    $3,762,132
    Hospitality
    $3,446,092
    Educational
    $2,867,108
    Medical
    $2,965,712
    Retail
    $4,459,946
135 Airport Hwy, Swanton, Ohio

Location Insight

City
Swanton
County
Fulton
State
Ohio
Latitude
41.5815
Longitude
-83.8841
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
$8,803
$11,380
$146,620
$158,000
-
$32,500
$418,900
$451,400

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