3015 Glendale Ave Toledo, OH 43614
This exceptional 12-acre site in Toledo, Ohio, presents a fully entitled opportunity for a single-story self-storage development. Located at 3015 Glendale Ave, in Lucas County, this prime location boasts high visibility with 7,450 vehicles passing daily. The project, approved in February 2024, includes all necessary entitlements, eliminating lengthy permitting processes. Detailed plans are in place, encompassing full engineering and civil plans, an ALTA survey, a completed Phase 1 environmental study, geo-technical plans, and elevations. The development features 922 units, totaling 133,825 net rentable square feet (NRSF). A significant advantage is the site's adjacency to a Walmart Supercenter, ensuring high traffic and strong consumer demand. All contingencies, including Walmart's approval, have been successfully addressed, concluding a 12-month process. This turnkey opportunity allows for immediate commencement of construction, offering significant potential for a high-return investment. The asking price for this fully approved self-storage land is $900,000. The property is zoned for self-storage use.
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Hong Kong Buffet Restaurant Buffet
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Walmart Deli Food Market Restaurant
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GameStop Arcade & Gaming Center Electronics & Wireless Store
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Toledo Commons Shopping Center & Mall
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Moes Smokes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
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
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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.