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5405 Milan Rd - Development Opportunity

9.33 Acres of Commercial Land Offered at £1,173,675 in Sandusky, OH 44870

Investment Highlights

  • ~29,000 Average Daily Traffic Count
  • Zoned 400 - Commercial - Vacant Land

Executive Summary

Centrally located, 300 feet of frontage on Milan Rd/Route 250. Just North of Route 2. ~29, 000 average daily traffic count in front of parcel during 2022. 5 miles from Cedar Point. Local retailers include: Walmart, Sam's Club, Meijer, Target, Lowe's.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price £1,173,675
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hold For Development
  • Hotel
  • Restaurant
Total Lot Size 9.33 AC

1 Lot Available

Lot

Price £1,173,675
Price Per AC £125,796
Lot Size 9.33 AC

Centrally located, 300 feet of frontage on Milan Rd/Route 250. Zoned C2 -Commercial. ~29, 000 average daily traffic count in front of parcel during 2022. 5 miles from Cedar Point. Local retailers include: Walmart, Sam's Club, Meijer, Target, Lowe's.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-03302-000
Land Assessment
£625,348 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£625,348 (2023)
Annual Taxes
-£1
Tax Year
2022

zoning

Zoning Code Commercial C-2 (C-2 General Commercial)
Commercial C-2 (C-2 General Commercial)
  • Listing ID: 27965575

  • Date on Market: 13/03/2023

  • Last Updated:

  • Address: 5405 Milan Rd, Sandusky, OH 44870

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