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5744 Southwyck Blvd

15,072 SF Office Building Toledo, OH 43614 $425,000 ($28/SF)

Investment Highlights

  • Sale price of $425,000
  • Amazon Distribution Facility is across the street
  • Walk to restaurants & retail
  • Fantastic Redevelopment Opportunity - 1.23 AC with 15,072 SF existing building
  • Quick access to Ohio Toll Road I-80/I-90
  • Zoned RM12: Multi-family residential

Executive Summary

Fantastic redevelopment opportunity. Property has been rezoned to multifamily.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
15,072 SF
Building Class
C
Year Built
1972
Price
$425,000
Price Per SF
$28
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,536 SF
Slab To Slab
12’
Building FAR
0.27
Land Acres
1.27 AC
Zoning
COMMERCIAL - Property has been rezoned for multifamily development. Tax abatement has been approved.
Parking
49 Spaces (3.25 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Natural Light
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-70121
Land Assessment
$24,220 (2023)
Improvements Assessment
$10,780 (2023)
Total Assessment
$35,000 (2023)
  • Listing ID: 28804075

  • Date on Market: 6/20/2023

  • Last Updated:

  • Address: 5744 Southwyck Blvd, Toledo, OH 43614

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