10200 Waterville StWhitehouse, OH 43571

Property Details for 10200 Waterville St

Year built

2005

Lot size

3.63 AC

Property size (Sq ft)

20,000 SF

Zone code

23-C3

Property type

Office properties

Property subtype

Office buildings

APN

98-03372

APU

9803372

Description

The Anthony Wayne Professional Building, located at 10200 Waterville St, Whitehouse, OH 43571, presents a unique opportunity for businesses seeking executive office space in a thriving Lucas County community. This 20,000 square foot building, constructed in 2006 and renovated in 2013, currently has 10,000 square feet of immediately available space. The building features a multi-tenant configuration, ideal for a variety of business needs. Its prime location in Whitehouse offers easy access to major transportation routes, including the newly constructed US-24 expressway interchange opened in 2012, enhancing connectivity and accessibility. The area boasts a strong school system and relatively low tax rates, contributing to a desirable business environment. The strategic location near The Shops at Fallen Timbers and the significant investments made by both Kroger and Meijer at the US-24/OH-64 interchange further solidify the area's growth potential and attract a strong workforce. This property offers a blend of modern amenities and a strategic location within a growing community, making it an exceptional investment opportunity. The available space is perfect for businesses seeking a prominent presence in a vibrant and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,423,759

  6.5%

  $3,160,393

  7%

  $2,934,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,870,800

  Geo Method

  $1,870,800

• Alternative Use

  Use

  Valuation

  Residential

  $3,918,887

  Hospitality

  $3,589,680

  Educational

  $2,986,571

  Medical

  $3,089,284

  Retail

  $4,645,778

Location Insight

City

Whitehouse

County

Lucas

State

Ohio

Latitude

41.5176

Longitude

-83.7871

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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