674 County Road 56Toronto, OH 43964

Property Details for 674 County Road 56

Year built

1985

Lot size

1.50 AC

Property size (Sq ft)

2,940 SF

Property type

Retail properties

Property subtype

Parking lots & garages

APN

09-02053-000

APU

902053000

Description

This exceptional 4,835-square-foot industrial warehouse, located at 674 County Road 56 in Toronto, Ohio, presents a compelling investment opportunity. The property boasts a single-tenant occupancy and sits on a generous 1.76-acre lot, offering ample space for operations and expansion. Constructed in 1985, this Class C building features a single story with impressive 17-foot ceilings. The warehouse space totals 3,900 square feet, equipped with high ceilings, three-phase power, and crane capabilities, making it suitable for a variety of industrial uses. In addition, there is 935 square feet of office space. The property also includes a sizable lay-down yard and parking lot, providing convenient storage and access. Its strategic location offers easy access to State Route 7, with West Virginia and Pennsylvania just a short 10-minute drive away. The property's Jefferson County location, with APN 09-02053-000, and its versatile design make it an ideal choice for businesses seeking a functional and well-situated industrial space in Ohio. The property's size and features provide flexibility for various business types, making it a strong contender in the market. The combination of warehouse and office space, along with the ample outdoor area, makes this a truly versatile property.

• CAP approach

  CAP return

  Valuation

  6%

  $821,908

  6.5%

  $758,684

  7%

  $704,492

• Comparable approach

  Method

  Valuation

  Relative Method

  $693,019

  Geo Method

  $693,019

• Alternative Use

  Use

  Valuation

  Residential

  $639,978

  Hospitality

  $586,217

  Educational

  $487,725

  Medical

  $504,499

  Retail

  $758,684

Location Insight

City

Toronto

County

Jefferson

State

Ohio

Latitude

40.4356

Longitude

-80.6242

CBSA code

48260

CBSA name

WEIRTON-STEUBENVILLE, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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