3736 Navarre AveOregon, OH 43616

Property Details for 3736 Navarre Ave

Year built

1974

Lot size

2.39 AC

Property size (Sq ft)

2,240 SF

Zone code

40-MX

Property type

Office buildings

APN

44-26217

APU

4426217

Description

This exceptional 2.3-acre commercial land parcel, located at 3736 Navarre Avenue in Oregon, Ohio, presents a unique investment opportunity. Situated on heavily traveled State Route 2, this property boasts 83 feet of frontage and offers unparalleled visibility. Its strategic location places it adjacent to Aldi and Tractor Supply, and directly across from Walmart and a 5/3 Bank, ensuring high traffic volume and excellent exposure for any commercial development. The property is zoned C-5 and R-5, providing flexibility for a variety of uses. All utilities are readily available. The lot size is a substantial 104,108.4 square feet. The asking price of $279,900 reflects a land-only valuation

• CAP approach

  CAP return

  Valuation

  6%

  $383,461

  6.5%

  $353,964

  7%

  $328,681

• Comparable approach

  Method

  Valuation

  Relative Method

  $209,530

  Geo Method

  $209,530

• Alternative Use

  Use

  Valuation

  Residential

  $438,915

  Hospitality

  $402,044

  Educational

  $334,496

  Medical

  $346,000

  Retail

  $520,327

Location Insight

City

Oregon

County

Lucas

State

Ohio

Latitude

41.6353

Longitude

-83.4579

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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