1853 South Ave Toledo, OH 43609
This exceptional 35,244 square foot property located at 1853 South Ave, Toledo, OH 43609, is a former charter school available for lease. Situated on a sprawling 116,305-acre lot, the property features beautifully landscaped grounds and ample outdoor green space. The building itself offers a large lunchroom and gymnasium, providing versatile space for various uses. Currently, 12,329 square feet are vacant, offering significant potential for customization and expansion. The property is zoned 10-RS6 in Lucas County (APN: 18-05617) and benefits from a pre-existing special use permit for charter school operation, streamlining the approval process for similar ventures. The property's location on South Ave, with a cross street of Detroit Avenue, offers convenient access to local amenities and transportation routes. This unique opportunity presents a compelling investment prospect for educational institutions or businesses seeking a large, well-maintained campus with significant outdoor space. The substantial acreage provides ample room for future development or expansion, making it an attractive option for a variety of uses. The existing infrastructure, including the lunchroom and gymnasium, offers immediate functionality and potential cost savings.
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Imagine Environmental Science Academy High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.