3406 Silica RdSylvania, OH 43560

Property Details for 3406 Silica Rd

Year built

1970

Lot size

5.00 AC

Property size (Sq ft)

4,432 SF

Zone code

20-M3

Property type

Retail properties

Property subtype

Retail space

APN

78-31431

APU

7831431

Description

This exceptional 5.42-acre property at 3406 Silica Road, Unit 3406, Sylvania, OH, presents a prime opportunity for businesses seeking a versatile and well-equipped space. The property boasts a substantial shop area featuring four brand-new 12x12 overhead doors, facilitating easy loading and unloading of goods and equipment. In addition to the shop, the property includes dedicated office space, ideal for administrative tasks and client meetings. Comfort is ensured with central air conditioning throughout the building. Ample parking is provided, with approximately two acres dedicated to this purpose, ensuring convenient access for employees and visitors. Further enhancing the property's functionality is an on-site pump station. The property is offered at $4,500. Tenants are responsible for gas, electric, and water utilities. Comprehensive insurance coverage is required, with the landlord designated as an additional insured party. The property owner welcomes building alterations, provided they fully comply with all applicable building codes and electrical regulations. This presents a unique chance to customize the space to perfectly suit your specific business needs. The strategic location in Sylvania, OH, offers excellent accessibility and visibility. Don't miss this chance to secure a well-appointed and expansive industrial property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,115,296

  6.5%

  $1,029,504

  7%

  $955,968

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,044,715

  Geo Method

  $1,044,715

• Alternative Use

  Use

  Valuation

  Residential

  $868,425

  Hospitality

  $795,473

  Educational

  $661,824

  Medical

  $684,585

  Retail

  $1,029,504

Location Insight

City

Sylvania

County

Lucas

State

Ohio

Latitude

41.6783

Longitude

-83.7341

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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