For Sale
$198,000

5810 Monroe StSylvania, OH 43560

0.83-acre commercial lot, prime Sylvania location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.83-acre commercial land parcel presents a remarkable development opportunity in the thriving Sylvania, Ohio market. Located in the B-4 Shopping Center District, this flat, readily developable site boasts excellent visibility and accessibility. Situated on Monroe Street, a four-lane road with a turning lane, the property enjoys high traffic counts (Monroe St: 18,276 VPD, Alexis Rd: 19,536 VPD in 2023). Its strategic location places it adjacent to the Farmers and Merchants State Bank and the Sylvania Marketplace shopping center, ensuring high foot traffic and brand recognition. The property is conveniently situated three-quarters of a mile east of downtown Sylvania and less than half a mile west of the US-23/I-475 interchange, providing easy access to major transportation arteries. A signalized entry is available along Alexis Road and Monroe Street, with potential for additional curb cuts and signage on Monroe Street. All utilities are conveniently located on-site. The property's location between Acres and Corey streets further enhances its appeal. Please note that bank or financial institution uses are restricted. APN: 8204441. Asking price: $198,000 ($238,554/acre).

Highlights

  • 0.83-acre commercial lot in Sylvania, OH's B-4 Shopping Center District.
  • High traffic counts: 18,276 VPD on Monroe St., 19,536 VPD on Alexis Rd. (2023 data).
  • All utilities on-site.
  • Flat, readily developable land.
  • Restricted use: No banks or financial institutions.

Property Details for 5810 Monroe St

Property type
Land
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Sylvania
County
Lucas
State
Ohio
Latitude
41.7120805
Longitude
-83.680778
5810 Monroe St, Sylvania, Ohio

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5810 Monroe St
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