3131 Sylvania AveToledo, OH 43654

  • Retail properties
  • 3,516 SF
For Lease

Property Details for 3131 Sylvania Ave

Year built
1954
Lot size
0.21 AC
Property size (Sq ft)
3,516 SF
Zone code
10-CR
Property type
Retail properties
Property subtype
Strip malls
APN
22-37761
APU
2237761

Description

This exceptional 2,000-square-foot retail space is ideally situated at 3131 W Sylvania Ave in Toledo, Ohio, within Wood County. Currently entirely vacant and ready for immediate occupancy, this single-tenant property presents a fantastic opportunity for a variety of retail businesses. The property boasts a convenient location with excellent visibility and accessibility, making it an attractive destination for customers. The zoning classification is CR, offering flexibility for a range of permitted uses. The building's total square footage is 2,000 square feet, providing ample space for a retail operation, showroom, or other commercial venture. The property is located at the intersection of W Sylvania Ave in Toledo, Ohio, zip code 43654, with coordinates 41.64 latitude and -83.54 longitude. This prime location offers significant potential for growth and success. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity. The property is available for lease and is ready for immediate occupancy. This is a single-tenant space, providing a unique opportunity for a business seeking a dedicated location. The property's size and location make it an ideal choice for a variety of retail businesses seeking a prominent presence in the Toledo market. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $884,788
    6.5%
    $816,728
    7%
    $758,390
  • Comparable approach

    Method
    Valuation
    Relative Method
    $828,794
    Geo Method
    $828,794
  • Alternative Use

    Use
    Valuation
    Residential
    $688,940
    Hospitality
    $631,066
    Educational
    $525,039
    Medical
    $543,096
    Retail
    $816,728
3131 Sylvania Ave, Toledo, Ohio

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6916
Longitude
-83.6196
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
$5,015
$5,670
$43,155
$48,825
-
$16,200
$123,300
$139,500

FAQs

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