1205 Westwood AveToledo, OH 43607

  • Land
  • 5,033 SF
For Sale
$279,000 View listing

Property Details for 1205 Westwood Ave

Year built
1978
Lot size
0.46 AC
Property size (Sq ft)
5,033 SF
Zone code
10-CR
Property type
Land
Property subtype
Commercial land
APN
20-97857
APU
2097857

Description

This exceptional 0.47-acre commercial land parcel, located at 1205 N. Westwood Avenue in Toledo, Ohio (Lucas County, zip code 43607), presents a unique investment opportunity. Zoned CR, the property boasts a pre-existing 5,200 square foot concrete pad, significantly reducing initial development costs. All utilities are readily available on-site, simplifying the construction process. The strategic location directly across the street from a substantial student housing development—a 208-unit complex with over 598 beds—offers immediate access to a large and consistent potential customer base. This high-traffic area ensures excellent visibility and accessibility for any commercial venture. The asking price for this prime commercial land is $279,000. Given the existing infrastructure and proximity to a significant student population, this property represents a compelling opportunity for developers seeking a high-return investment in a thriving Toledo neighborhood. The property's coordinates are 41.65208 latitude and -83.607696 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $986,188
    Hospitality
    $903,343
    Educational
    $751,571
    Medical
    $777,418
    Retail
    $1,169,110
1205 Westwood Ave, Toledo, Ohio

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6522
Longitude
-83.6078
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
$1,794
$8,645
-
$8,645
-
$24,700
-
$24,700

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].