3500 Navarre Ave Oregon, OH 43616-3430
This exceptional 2-acre commercial land parcel, located at 3500 Navarre Avenue in Oregon, Ohio (Lucas County, zip code 43616), presents a prime development opportunity. Zoned C-1 Neighborhood Comm, this property boasts a strategic location between Walker Funeral Home and Midwest Eye Consultants, with convenient proximity to Walmart and Kroger. The land is currently undergoing a survey and lot split process. Permitted uses, as confirmed by the Lucas County Auditor and the City of Oregon, include retail sales and structures under 10,000 square feet primarily serving area residents. Acceptable retail activities encompass drugstores, grocery stores, clothing stores, restaurants, banks, financial institutions, and various retail services. The property's ideal location offers easy access to major transportation arteries, situated 1.37 miles from I-80/90 and 1.42 miles from I-280. The City of Oregon is experiencing significant growth and investment, making this a compelling investment prospect. Note that the Peacebird Sanctuary will be relocated upon sale. For detailed zoning information, contact the City of Oregon at 419.698.7071. The price is $225,000 per acre. APN: 26034, 24029055.
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
40-C1 · Oregon, OHOregon. 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.