Technical
Financial
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Property profile

11 Central Ave Toledo, OH 43617

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11 Central Ave Toledo, OH 43617
Toledo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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