84 Whittlesey AveNorwalk, OH 44857

Property Details for 84 Whittlesey Ave

Year built

2004

Lot size

5.83 AC

Property size (Sq ft)

50,527 SF

Property type

Retail properties

Property subtype

Strip malls

APN

33-0210-12-030-0000

APU

330210120300000

Description

This exceptional retail property, located at 84 Whittlesey Avenue in Norwalk, Ohio, offers a unique leasing opportunity. The single-story, 61,415 square foot building sits on a 5.83-acre lot in Huron County and is anchored by a Discount Drug Mart. The property boasts high visibility and accessibility, featuring 543 feet of frontage on SR 250 (Whittlesey Avenue), a signalized entrance, and pylon signage. With a daily traffic count of 35,315 vehicles, this location provides unparalleled exposure for businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 19,000 square feet. Currently, 24,800 square feet of space is available for lease. Specific available spaces include approximately 4,800 square feet in an end-cap unit, approximately 1,775 square feet in an inline unit, and a larger 19,000 square foot end-cap space. This property presents a compelling opportunity for businesses seeking a high-traffic, highly visible location in a thriving community. The zip code is 44857.

• CAP approach

  CAP return

  Valuation

  6%

  $13,989,686

  6.5%

  $12,913,556

  7%

  $11,991,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,910,265

  Geo Method

  $11,910,265

• Alternative Use

  Use

  Valuation

  Residential

  $10,893,068

  Hospitality

  $9,977,992

  Educational

  $8,301,572

  Medical

  $8,587,076

  Retail

  $12,913,556

Location Insight

City

Norwalk

County

Huron

State

Ohio

Latitude

41.2451

Longitude

-82.6166

CBSA code

35940

CBSA name

NORWALK, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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