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Property profile & analytics
OFF-MARKET
Specialty properties

1853 South Ave Toledo, OH 43609

35,244 SF 116305 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 35,244 SF
Lot 116305 ac (5,066,245,800 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
Current use
Occupant on record · Public records
  • Bethel Lutheran Church Church
  • Summit Academy Community School - TOLEDO Special Education Facility
  • Imagine Environmental Science Academy High School
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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