5810 Monroe StSylvania, OH 43560

Property Details for 5810 Monroe St

Year built

1984

Lot size

1.53 AC

Property size (Sq ft)

2,700 SF

Zone code

31-B4

Property type

Retail properties

Property subtype

Banks

APN

82-04441

APU

8204441

Description

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).

Location Insight

City

Sylvania

County

Lucas

State

Ohio

Latitude

41.7123

Longitude

-83.6806

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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