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    5901 Renaissance Pl Toledo, OH 43623

    Sponsored
    For Sale
    $149,900

    Prime Sylvania Twp. office land, wooded cul-de-sac.

    Property size:
    18,163 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.417-acre lot, identified as APN 79-72783, presents a unique opportunity for development in Toledo, Ohio's desirable Sylvania Township. Located at 5901 Renaissance Place, zip code 43623, this property boasts a tranquil cul-de-sac setting, offering privacy and seclusion. The land is wooded and backs up to Camp Miakonda, ensuring a serene environment with no future development behind the property. Hiking trails are immediately adjacent, providing a picturesque backdrop for any future construction. The 18,163 square foot lot is zoned 20-C4, making it ideal for an executive office building. Its location within the established Renaissance Place business park offers excellent visibility and accessibility. The property enjoys proximity to the busy N. Holland Sylvania Road, which sees 17,522 vehicles daily, providing significant exposure for any business. This vacant land is priced at $149,900 and represents a rare chance to build in a highly sought-after location. The peaceful setting combined with the convenient access to major roadways makes this an unparalleled investment opportunity. Don't miss this chance to secure this exceptional piece of commercial real estate in a thriving Toledo business park.

    Property Features for 5901 Renaissance Pl

    General Information

    Property type
    Land
    Square Feet
    18,163 SF
    Lot Size
    18,165 SF

    HighLights

    • 0.417‑acre vacant land parcel in desirable Sylvania Township, Toledo, OH.
    • Sylvania Township location, offering a tranquil cul‑de‑sac setting.
    • Backs to Camp Miakonda, ensuring no future development behind the property.
    • Adjacent to hiking trails.
    • Located in the Renaissance Place business park.
    • High visibility due to proximity to N. Holland Sylvania Road (17,522 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.684498
    Latitude
    41.696925

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    FAQs

    What type of property is this?
    Land - Prime Sylvania Twp. office land, wooded cul-de-sac.
    Where is this land located?
    The property is located at 5901 Renaissance Pl Toledo, OH.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: 0.417-acre vacant land parcel in desirable Sylvania Township, Toledo, OH.; Sylvania Township location, offering a tranquil cul-de-sac setting.; Backs to Camp Miakonda, ensuring no future development behind the property.
    Request Owner's contact information
    5901 Renaissance Pl Toledo, OH 43623
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    Toledo, OH 43623
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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
    5901 Renaissance Pl Toledo, OH 43623
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