1650 Toll Gate DrMaumee, OH 43537

  • Land
  • 2.50 AC
For Sale
$585,000 View listing

Property Details for 1650 Toll Gate Dr

Lot size
2.50 AC
Property type
Land
Property subtype
Commercial land
APN
36-00567
APU
3600567

Description

This exceptional 2.5-acre commercial land parcel presents a unique development opportunity in Maumee, Ohio. Strategically located at the intersection of Tollgate Drive and Lance Pointe Road, this relatively flat site boasts convenient access to utilities and is zoned C-2. The property benefits from an existing easement/service drive connecting Dussel Drive to Tollgate Drive, although the buyer will be responsible for an estimated $45,000 cost associated with this access. Use restrictions apply, limiting development to businesses such as coffee shops, bakeries, delis, and automotive sales and service centers (including oil changes, tire sales, and alignments). Its prime location near the US-20 and I-80/90 interchange, a major thoroughfare connecting the Ohio Turnpike and US-23, ensures high visibility and accessibility. The property enjoys a highly desirable location adjacent to recently constructed businesses like Jim White Honda and Tim Horton's, as well as a planned Clean Express Car Wash. Nearby established businesses include Kroger, Gordon Food Services, Fifth Third Bank, Professional Skills Institute, and several hotels, creating a vibrant and thriving commercial environment. This is an exceptional opportunity for developers seeking a high-traffic location with strong surrounding businesses. The asking price for this exceptional property is $585,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,372,434
    Hospitality
    $19,577,034
    Educational
    $16,287,863
    Medical
    $16,848,028
    Retail
    $25,336,676
1650 Toll Gate Dr, Maumee, Ohio

Location Insight

City
Maumee
County
Lucas
State
Ohio
Latitude
41.5867
Longitude
-83.668
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,741
$113,715
-
$113,715
-
$324,900
-
$324,900

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