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    1650 Toll Gate Dr Maumee, OH 43537

    Sponsored
    For Sale
    $585,000

    2.5-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre commercial land parcel presents a unique development opportunity in Maumee, Ohio. Strategically located at the intersection of Tollgate Drive and Lance Pointe Road, this relatively flat site boasts convenient access to utilities and is zoned C-2. The property benefits from an existing easement/service drive connecting Dussel Drive to Tollgate Drive, although the buyer will be responsible for an estimated $45,000 cost associated with this access. Use restrictions apply, limiting development to businesses such as coffee shops, bakeries, delis, and automotive sales and service centers (including oil changes, tire sales, and alignments). Its prime location near the US-20 and I-80/90 interchange, a major thoroughfare connecting the Ohio Turnpike and US-23, ensures high visibility and accessibility. The property enjoys a highly desirable location adjacent to recently constructed businesses like Jim White Honda and Tim Horton's, as well as a planned Clean Express Car Wash. Nearby established businesses include Kroger, Gordon Food Services, Fifth Third Bank, Professional Skills Institute, and several hotels, creating a vibrant and thriving commercial environment. This is an exceptional opportunity for developers seeking a high-traffic location with strong surrounding businesses. The asking price for this exceptional property is $585,000.

    Property Features for 1650 Toll Gate Dr

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • $585,000 asking price for 2.5 acres of commercial land.
    • Located at 1650 Tollgate Dr, Maumee, OH 43537.
    • C‑2 zoning with use restrictions for coffee shops/bakeries and automotive services.
    • Prime location at the intersection of Tollgate Dr. and Lance Pointe Rd., near US‑20 and I‑80/90 interchange.
    • Adjacent to new commercial developments (Jim White Honda, Tim Horton's) and near established businesses (Kroger, Fifth Third Bank).
    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
    Maumee
    County
    Lucas
    State
    Ohio
    Longitude
    -83.668004
    Latitude
    41.5867099

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    FAQs

    What type of property is this?
    Land - 2.5-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 1650 Toll Gate Dr Maumee, OH.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: $585,000 asking price for 2.5 acres of commercial land.; Located at 1650 Tollgate Dr, Maumee, OH 43537.; C-2 zoning with use restrictions for coffee shops/bakeries and automotive services.
    (419) 346-5826
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    1650 Toll Gate Dr Maumee, OH 43537
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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
    1650 Toll Gate Dr Maumee, OH 43537
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