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    3420 Meijer Dr Toledo, OH 43617

    For Sale
    $479,000

    Prime Toledo development land, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.13-acre commercial parcel, located at 3420 Meijer Dr in Toledo, Ohio (Lucas County, zip code 43617), presents a unique opportunity for development. Zoned C-4, this property offers significant potential for a variety of uses, including office, medical, or retail spaces. The site is situated in Sylvania Township, within the Cobblestone Woods Business Park, providing convenient access to a thriving commercial area. Nearby establishments include Mercy Emergency Center, Vision Associates, Ohio Pain, and BAM Therapy, highlighting the area's strong medical presence. The property also benefits from its proximity to numerous restaurants, banks, and shopping centers. While currently wooded, this parcel offers the flexibility of a build-to-suit option, allowing for the construction of up to 34,000 square feet. The asking price is $479,000. The APN is 79-71312. Note that the parcel will require a split to achieve the advertised 2.13 acres. This is a for-sale-by-owner listing. This prime location and flexible zoning make this an ideal investment for developers seeking a high-growth area.

    Property Features for 3420 Meijer Dr

    General Information

    Property type
    Land
    Lot Size
    92,783 SF
    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
    -83.7153082
    Latitude
    41.6745575

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    FAQs

    What type of property is this?
    Land - Prime Toledo development land, build-to-suit option.
    Where is this land located?
    The property is located at 3420 Meijer Dr Toledo, OH.
    What is the asking price?
    The asking price for this property is $479,000.
    (419) 450-6854
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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
    3420 Meijer Dr Toledo, OH 43617
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