2835 Hill AveToledo, OH 43607

  • Industrial properties
  • 11,284 SF
For Sale
$1,600,000 View listing

Property Details for 2835 Hill Ave

Year built
1997
Lot size
5.66 AC
Property size (Sq ft)
11,284 SF
Zone code
10-IG
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
20-28901
APU
2028901

Description

This exceptional 1.6 million dollar industrial land parcel presents a unique redevelopment opportunity in Toledo, Ohio. Strategically located at 2835 Hill Ave, 43607, this property boasts high visibility with 18,213 vehicles passing daily. Its prime location offers unparalleled access to major transportation arteries, including proximity to I-75 (3.5 miles) and the Ohio Turnpike (5.5 miles), ensuring seamless logistics. A Norfolk Southern freight line directly borders the eastern edge of the property, providing direct rail access for businesses requiring freight transportation. The site also benefits from its proximity to the University of Toledo (1.4 miles) and UT - Scott Park (0.5 miles), offering potential synergies with the academic and research community. Furthermore, its location is just 16 miles from the Eugene F. Kranz Toledo Express Airport, facilitating convenient air travel. This property is ideal for developers seeking a high-traffic, well-connected location for a variety of industrial projects. The site's size and location make it an attractive investment for businesses seeking to establish a strong presence in the Toledo area. This is a rare opportunity to acquire a significant piece of industrial land in a thriving location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,211,036
    Hospitality
    $2,025,297
    Educational
    $1,685,023
    Medical
    $1,742,974
    Retail
    $2,621,148
2835 Hill Ave, Toledo, Ohio

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6371
Longitude
-83.6122
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
$10,256
$65,240
$21,490
$86,730
-
$186,400
$61,400
$247,800

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