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Property profile & analytics
OFF-MARKET
Land

9500 Central Ave Sylvania, OH 43560

29.65 ac lot
Individually Owned 7-yr Hold
Property ID
US66-5491119
Property summary
AI-generated overview

This exceptional 29.65-acre commercial land parcel presents a unique investment opportunity in the thriving Sylvania, Ohio market. Located at 9500 Central Ave, this property boasts significant pre-existing improvements and enjoys excellent visibility and accessibility due to its direct frontage on Central Avenue. The property is zoned Planned Unit Development (PUD), offering considerable flexibility for a wide range of commercial uses. This zoning designation allows for creative development plans, catering to diverse project visions. The substantial lot size provides ample space for large-scale projects, while the strategic location ensures high traffic exposure and easy access for customers and employees. Further enhancing its appeal, the property includes valuable recovery rights. The sale price is negotiable, making this an attractive proposition for discerning investors and developers seeking a prime location in a dynamic market. This is an exceptional opportunity to acquire a significant land holding in a desirable area with considerable potential for future growth and profitability. Serious inquiries are encouraged. Located in Lucas County, Ohio, zip code 43560.

Property profile
Verified
Property type Land
Lot 29.65 ac (1,291,554 SF)
UPID US66-5491119
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Board Of Lucas Cnty Commissioners · 7 yrs held
Board Of Lucas Cnty Commissioners
since 2019
3 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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