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Redevelopment Land Near Ottawa Park
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2567 W Bancroft St, Toledo, OH

2.143 acres of land eligible for CRA funds.

Property SizeContact for details
Lot Size2.14 Acres
Days on Market711

Property Features for 2567 W Bancroft St

General Information

Standard status Active
Lot size 2.14 Acres
Property subtype LAND
Listing Agency: Reichle | Klein Group
Listed By: Ned Coyle · License #0000192273
Source: Moodyscre
Added: Sep 26, 2024 Changed: Aug 8 Last Checked: Sep 5 at 8:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reichle | Klein Group

Investment Insights

Based on property information with market context.

This 2.143-acre parcel of redevelopment land is zoned CR - Regional Commercial and eligible for CRA funds, offering potential tax abatement on new construction. Previously approved for a four-story student-housing community, the property overlooks Ottawa Park and golf course, as well as the Ottawa River. It is located 5 minutes from ProMedica Toledo Hospital Campus.

Key Highlights

  • Eligible for CRA funds and tax abatement on new construction.
  • Zoned CR - Regional Commercial, suitable for redevelopment.
  • Overlooks Ottawa Park and golf course, and the Ottawa River.**

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - 2.143 acres of land eligible for CRA funds.
Where is this land located?
The property is located at 2567 W Bancroft St Toledo, OH.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Eligible for CRA funds and tax abatement on new construction.; Zoned CR - Regional Commercial, suitable for redevelopment.; Overlooks Ottawa Park and golf course, and the Ottawa River.**
(419) 794-3953 Call to check price and availability
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