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    11 Central Ave Toledo, OH 43617

    Sponsored
    For Sale
    Contact for pricing

    Five acres, prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering encompasses two distinct parcels totaling five acres. One parcel is strategically located at 11 W. Central Ave in Toledo, Ohio, 43617 (Lucas County), boasting high visibility from Central Avenue. Its permitted zoning is OD. The second parcel is situated at 11 W Central Ave in Dayton, Ohio, 45449 (Montgomery County). Both locations present significant development potential for a variety of commercial uses. The Toledo property's coordinates are 41.6647825 latitude and -83.7358514 longitude. The Dayton property's coordinates are 39.6717056 latitude and -84.2531494 longitude. The Dayton parcel benefits from its proximity to a newly constructed sand volleyball facility, offering additional potential for synergistic development. This combined offering provides a unique opportunity to acquire substantial commercial land in two thriving Ohio markets. The Toledo parcel's zoning designation (OD) should be verified with the relevant authorities to ensure it aligns with intended development plans. Serious inquiries are encouraged to explore the full potential of these prime commercial land parcels.

    Property Features for 11 Central Ave

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • High‑visibility lot on Central Avenue.
    • Proximity to a new sand volleyball facility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.7358514
    Latitude
    41.6647825

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    FAQs

    What type of property is this?
    Land - Five acres, prime development opportunity.
    Where is this land located?
    The property is located at 11 Central Ave Toledo, OH.
    What are key features of this property?
    This property features: High-visibility lot on Central Avenue.; Proximity to a new sand volleyball facility.;
    Request Owner's contact information
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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
    11 Central Ave Toledo, OH 43617
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