6242-6260 Edgewater Dr Toledo, OH 43611
- Land
- 15.75 lot acres
Current Use by Public Records
- Land
Property Details for 6242-6260 Edgewater Dr
- Lot size
- 15.75 lot acres
- Property type
- Land
Description
Exceptional development opportunity awaits on this 15.75+/- acre parcel situated between the Ottawa River and Maumee Bay in Toledo, Ohio. This unique property, encompassing three separate land sites (APN: 18-55784; 18-55531; 18-55804), is zoned CR and RS6 and offers significant potential for various commercial and residential ventures. Currently featuring two existing residential structures (sold as-is for land value), the property's true asset lies in its unparalleled waterfront location. Imagine the possibilities: a luxury residential development, a vibrant marina expansion, or a unique mixed-use project. The existing stationary dock provides an estimated 8-10 slips for smaller boats, adding immediate value and potential for expansion. This prime location is within a thriving resort community, boasting over 5,000 boat slips within a two-mile radius, attracting significant boating and tourism activity. Its proximity to the Michigan state line further enhances its accessibility and appeal. The asking price is $1,141,000. Don't miss this rare chance to acquire a significant waterfront property in a high-demand area. This is a truly exceptional opportunity for investors and developers seeking a unique and lucrative project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.4642
- Latitude
- 41.7319
