3320 Centennial Rd, Sylvania, OH 43560-9743
This exceptional offering presents a unique opportunity to acquire prime industrial land in Sylvania Township, Ohio. The property comprises three parcels totaling approximately 11 acres, strategically located at the northeast corner of Centennial Road and Silica Road, just north of Central Avenue. Parcel sizes range from 1.25 acres to 7.5 acres, offering flexibility for various development projects. The asking price is $931,250, with individual parcel pricing varying from $75,000 to $125,000 per acre. The site is zoned M-1 Light Industrial, making it ideal for light manufacturing, industrial, and distribution uses. All utilities, including sewer and water, are readily available on-site. This location provides excellent access to major transportation arteries, with the US 23/I-475 expressway interchange conveniently located just 2.5 miles away. The property's strategic location and versatile zoning make it an attractive investment for businesses seeking a foothold in a thriving industrial market. This is a rare opportunity to secure a substantial land holding in a highly desirable location. Detailed parcel information is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
20-M1 · Sylvania, OHSylvania. Always verify with local authorities before improvements.
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.