909 University DrHuron, OH 44839

Property Details for 909 University Dr

Year built

2008

Construction

STEEL FRAME

Lot size

2.00 AC

Property size (Sq ft)

16,800 SF

Property type

Office properties

Property subtype

Office buildings

APN

42-01972-007

APU

4201972007

Description

This exceptional 17,000 square foot commercial property, situated on two acres within the Huron Corporate Park, presents a unique investment opportunity. Originally constructed in 2008 and expanded with a second story addition in 2016, the building boasts high-quality, modern office space designed for collaboration and efficiency. Its prime location directly across from Bowling Green State University-Firelands Campus offers unparalleled visibility and accessibility. The property benefits from its strategic position along the rapidly developing US Route 6 and State Route 2 corridors in Erie County, ensuring strong potential for growth and high traffic volume. The building is available for immediate purchase or lease, and the City of Huron offers attractive incentives for prospective buyers or tenants. This well-maintained facility provides ample space for a variety of business needs, offering a blend of modern amenities and a convenient location. The expansive two-acre lot provides ample parking and potential for future expansion. This is an exceptional opportunity to acquire a substantial and strategically located commercial property in a thriving area. Serious inquiries are encouraged to explore the available incentives and discuss purchase or lease options. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $3,022,319

  6.5%

  $2,789,832

  7%

  $2,590,559

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,571,472

  Geo Method

  $1,571,472

• Alternative Use

  Use

  Valuation

  Residential

  $3,459,392

  Hospitality

  $3,168,785

  Educational

  $2,636,392

  Medical

  $2,727,061

  Retail

  $4,101,054

Location Insight

City

Huron

County

Erie

State

Ohio

Latitude

41.3965

Longitude

-82.5886

CBSA code

41780

CBSA name

SANDUSKY, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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