8257 Central Ave, Toledo, OH 43617-1844
This exceptional 1.88-acre commercial land parcel presents a prime development opportunity in Toledo, Ohio. Strategically located at the southeast corner of West Central Avenue (US-20) and Centennial Road, this hard corner lot benefits from significant daily traffic volume. West Central Avenue sees 19,693 vehicles daily, while Centennial Road boasts 4,417 vehicles per day, ensuring high visibility and accessibility for any future development. The property is situated along a bustling commercial corridor that also serves a growing residential population to the north and south of West Central Avenue. This vacant land is ready for immediate development, offering significant potential for businesses seeking a high-traffic location in a thriving area. The property's address is 8257 W. Central Avenue, Toledo, OH 43617, within Lucas County. The asking price for this exceptional opportunity is $655,000. This location provides unparalleled exposure and access to a substantial customer base, making it an attractive investment for a variety of commercial ventures.
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-C2 · 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.