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2200 Gallier Rd - POINT PLACE/SHORELAND

3.33 Acres of Commercial Land Offered at £140,841 in Toledo, OH 43611

Investment Highlights

  • All utilities at site.
  • Easy access to I-75

Executive Summary

VACANT DEVELOPMENT SITE, 1100' along Gallier Road, 132' deep, can be platted into 18 single family building lots, or split into three single family 1+ acre building lots, all utilities are available, could be be rezoned multifamily for condo or retirement community, group home, or other residential uses. $100800 ($30,000 per acre) obo, terms or trade. Property is located in the popular Washington Local School District. Lucas County offers 15-Year Real Estate Tax Abatement on all futures buildings constructed, Pay only the land tax for 15 years. Real Estatae taxes are $710.08 per half year.
I-75 north to Ottawa River Road exit turn right to Suder Avenue and go 1/4 mile to Gallier Road turn left (site is everything you see from the end of the road), across the street from a Kroger's Grocery Store Shopping Center. Alternate directions I-75 south to Alexis Road exit turn left to Suder Avenue turn right 1 1/4 mile to Gallier Road turn left.

Property Facts

Price £140,841
Sale Type Investment
Sale Conditions
1031 Exchange
  • Design & Build
  • Tenants option to buy property
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 3.33 AC

1 Lot Available

Lot

Price £140,841
Price Per AC £42,295
Lot Size 3.33 AC

Lengthy.

Description

VACANT ACREAGE

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-78162
Land Assessment
£19,690
Improvements Assessment
£0
Total Assessment
£19,690

zoning

Zoning Code Residential
Residential
  • Listing ID: 6535781

  • Date on Market: 30/03/2017

  • Last Updated:

  • Address: 2200 Gallier Rd, Toledo, OH 43611

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