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    5744 Southwyck Blvd Toledo, OH 43614

    For Sale
    $425,000

    Toledo Multifamily Building, High Potential

    Property size:
    15,072 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 15,072 square foot, two-story apartment building in Toledo, Ohio, presents a fantastic redevelopment opportunity. Situated on a 1.237-acre lot at 5744 Southwyck Blvd, 43614, this mixed-use property is zoned CO and offers significant upside. Its prime location boasts unparalleled convenience, with immediate proximity to an Amazon distribution facility, ensuring high visibility and potential for strong rental demand. The property enjoys easy access to the Ohio Turnpike (I-80/I-90), simplifying commutes and transportation. Furthermore, the building's location is highly desirable, within walking distance of various restaurants and retail establishments, providing residents with a wealth of amenities. Recreational opportunities abound, with Brookwood Metropark just steps away, offering residents access to green spaces and outdoor activities. Families will appreciate the nearby Maumee Valley Country Day School. The asking price for this investment property is $425,000. This is a rare chance to acquire a strategically located property with substantial redevelopment potential in a thriving area. Don't miss this chance to capitalize on this promising investment.

    Property Features for 5744 Southwyck Blvd

    General Information

    Property type
    Multifamily properties
    Square Feet
    15,072 SF
    Lot Size
    53,884 SF

    Building Details

    Stories
    2

    HighLights

    • Excellent redevelopment potential.
    • Adjacent to Amazon distribution center.
    • Easy access to I‑80/I‑90 Ohio Turnpike.
    • Walkable to restaurants and retail.
    • Steps from Brookwood Metropark.
    • Near Maumee Valley Country Day School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6690479
    Latitude
    41.605738

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    FAQs

    What type of property is this?
    Multifamily property - Toledo Multifamily Building, High Potential
    Where is this multifamily property located?
    The property is located at 5744 Southwyck Blvd Toledo, OH.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Excellent redevelopment potential.; Adjacent to Amazon distribution center.; Easy access to I-80/I-90 Ohio Turnpike.
    Request Owner's contact information
    5744 Southwyck Blvd Toledo, OH 43614
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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
    5744 Southwyck Blvd Toledo, OH 43614
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