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Property profile & analytics
OFF-MARKET
Land

8891 Central Ave Sylvania, OH 43560

16.49 ac lot
Entity Owned 1-yr Hold
Property ID
US66-2110352
Property summary
AI-generated overview

This exceptional 16.49-acre property, located at 8891 & 8895 Central Ave in Sylvania, Ohio (Lucas County, zip code 43560), presents a unique investment opportunity. Zoned A3 – Agriculture and situated within the Central Avenue Overlay District, this land offers significant development potential. The asking price is $245,000, translating to $19,800 per acre. Parcel numbers are 78-43624 & 78-43681. The property's strategic location provides easy access to upscale residential areas, Secor Metropark, and Sylvania's main retail hub. Its proximity to Southview High School, Timberstone Junior High, and Central Trail Elementary School adds further appeal. This prime location benefits from the advantages of being in an Enterprise Zone, with the added benefit of no personal income taxes currently levied in Sylvania Township. All utilities are conveniently located just east of the property, simplifying infrastructure development. This versatile land parcel is ideal for a variety of commercial or agricultural uses, making it an attractive investment for discerning buyers seeking a high-potential development site in a thriving community.

Property profile
Verified
Property type Land
Lot 16.49 ac (718,304 SF)
UPID US66-2110352
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
8891 W Central LLC · 1 yrs held
8891 W Central LLC
since 2025
2 recorded transactions
2025
Price N/A
2024
$115,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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