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    1850 W Alexis Rd Toledo, OH 43613

    For Sale
    $330,000

    1.3 acres of commercial land on a 5-lane highway.

    Lot size:
    1.31 Acres

    Property Features for 1850 W Alexis Rd

    General Information

    Exterior features
    exterior_features, : ["Water Available", "Sewer Available"]
    Lot size
    1.31 Acres

    Source: Chosen Real Estate Group Agent Nicholas Huscroft

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on High-Traffic Route

    This property features 1.3 acres of commercial land situated on Ohio Route 184, a five-lane highway. Neighboring land at 1842 W. Alexis may also be available, potentially offering increased frontage through combination. The surrounding area includes a State Farm office, a veterinarian, and a U-Haul facility. A popular restaurant is located nearby at 1814 W. Alexis Road. Prospective buyers are advised to conduct their own due diligence. The property is offered in its current condition and location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.5898309
    Latitude
    41.7213648

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    FAQs

    What type of property is this?
    Land - 1.3 acres of commercial land on a 5-lane highway.
    Where is this land located?
    The property is located at 1850 W Alexis Rd Toledo, OH.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - 1.3 acres on Ohio Route 184 (5-lane highway); - Water and Sewer Available; - Neighboring land at 1842 W. Alexis potentially available for more frontage
    Request Owner's contact information
    1850 W Alexis Rd Toledo, OH 43613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1850 W Alexis Rd Toledo, OH 43613
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