NEC Sylvania and King

Vacant Land for Sale
Catylist Listing ID: 28856756
Gross Land Area: 3.50 Acres
Sale Price: $175,000 - 350,000 Per Acre
Total Price: $612,500 - 1,225,000
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/7/2019

Overview / Comments

$350,000 per acre for corner; $175,000 per acre for balance of site. Property is presently located in Sylvania Township - currently no payroll tax is levied if you work in a township. City of Sylvania will annex if petitioned to do so. They may be able to establish a CRA for the parcel which will enable property owners to enjoy lower rates for many services and real estate taxes. Specialty hospital and 200 unit apartment building is located to the North of the property.


Finance Data Year 2014
Real Estate Taxes - Annual($) $4,218 (Annual)

Additional Details

Nearest MSA: Toledo
County: Lucas
Tax ID/APN: 78-24024
Zoning: AG
Property Located Between: King Road and McCord Road
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: King Road
Traffic/Vehicle Count: 14,316
Highway Access: Close to I-475/US-23 interchange at W. Central Avenue.
Zoning Description: AG - Land use plan calls for mixed use
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,281 55,415 127,225
Median Age: 41.25 41.2 40.91
Households: 3,165 22,471 53,069
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