5901 Renaissance Pl Toledo, OH 43623
This exceptional 0.417-acre lot, identified as APN 79-72783, presents a unique opportunity for development in Toledo, Ohio's desirable Sylvania Township. Located at 5901 Renaissance Place, zip code 43623, this property boasts a tranquil cul-de-sac setting, offering privacy and seclusion. The land is wooded and backs up to Camp Miakonda, ensuring a serene environment with no future development behind the property. Hiking trails are immediately adjacent, providing a picturesque backdrop for any future construction. The 18,163 square foot lot is zoned 20-C4, making it ideal for an executive office building. Its location within the established Renaissance Place business park offers excellent visibility and accessibility. The property enjoys proximity to the busy N. Holland Sylvania Road, which sees 17,522 vehicles daily, providing significant exposure for any business. This vacant land is priced at $149,900 and represents a rare chance to build in a highly sought-after location. The peaceful setting combined with the convenient access to major roadways makes this an unparalleled investment opportunity. Don't miss this chance to secure this exceptional piece of commercial real estate in a thriving Toledo business park.
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-C4 · Toledo, OHToledo. 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.