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    OFF-MARKET
    Land

    11 Central Ave, Toledo, OH 43617

    5 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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