1031 Pierce StSandusky, OH 44870

  • Healthcare properties
  • 14,976 SF
For Lease
$25.86/SF/YR View listing

Property Details for 1031 Pierce St

Year built
1970
Lot size
2.05 AC
Property size (Sq ft)
14,976 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
58-02915-000
APU
5802915000

Description

This single-story, 15,406 square foot office building at 1031 Pierce Street in Sandusky, Ohio, offers a variety of flexible office spaces to suit diverse business needs. Built in 1970, the property sits on a generous 89,124 square foot lot and provides 100 parking spaces for tenants and their clients. The building is configured for multiple tenants, with spaces available from a minimum of 90 square feet. Utilities are included in the rent, offering a convenient and cost-effective solution for businesses. Lease terms are flexible, catering to various occupancy requirements. While some units boast private restrooms, others share common restrooms within the building. The property's location in Sandusky, Ohio, zip code 44870, provides easy access to local amenities and transportation. Please note that interior photos are examples only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,694,181
    6.5%
    $2,486,936
    7%
    $2,309,298
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,400,855
    Geo Method
    $1,400,855
  • Alternative Use

    Use
    Valuation
    Residential
    $3,083,801
    Hospitality
    $2,824,745
    Educational
    $2,350,155
    Medical
    $2,430,980
    Retail
    $3,655,797
1031 Pierce St, Sandusky, Ohio

Location Insight

City
Sandusky
County
Erie
State
Ohio
Latitude
41.4385
Longitude
-82.7165
CBSA code
41780
CBSA name
SANDUSKY, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,568
$13,457
$200,560
$214,017
-
$38,450
$573,030
$611,480

FAQs

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