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5728 Summit St 0.43 Acres of Commercial Land Offered at $69,900 in Sylvania, OH 43560
Investment Highlights
- 0.43-acre wooded lot backing to scenic Ten Mile Creek.
- B-3 zoning allows for residential, multifamily, or commercial development.
- Convenient access to US-223 and I-475 for regional connectivity.
- Located within the Red Bird Entertainment District and DORA area.
- Walkable to downtown Sylvania retail, dining, and entertainment.
- Part of a larger portfolio with flexible purchase options.
Executive Summary
This 0.43-acre parcel offers a rare opportunity to acquire land in the heart of Downtown Sylvania, Ohio. Positioned within the Red Bird Entertainment District and the DORA area, the site provides exceptional flexibility for future development. Backing to Ten Mile Creek, the property combines natural appeal with urban convenience, creating a unique setting for residential, multifamily, or commercial projects under B-3 zoning.
The location is walkable to downtown retail, restaurants, and entertainment venues, ensuring strong connectivity and visibility. With proximity to major routes including US-223 and I-475, the site offers easy regional access for businesses and residents alike. This parcel is part of a larger portfolio but can be purchased individually, making it an attractive option for developers seeking a strategic infill site in a growing community.
The location is walkable to downtown retail, restaurants, and entertainment venues, ensuring strong connectivity and visibility. With proximity to major routes including US-223 and I-475, the site offers easy regional access for businesses and residents alike. This parcel is part of a larger portfolio but can be purchased individually, making it an attractive option for developers seeking a strategic infill site in a growing community.
Property Facts
| Price | $69,900 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.43 AC |
| Property Type | Land | ||
| Zoning | B-3 - Commercial | ||
| Price | $69,900 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.43 AC |
| Zoning | B-3 - Commercial |
1 Lot Available
Lot
| Price | $69,900 | Lot Size | 0.43 AC |
| Price Per AC | $162,558.14 |
| Price | $69,900 |
| Price Per AC | $162,558.14 |
| Lot Size | 0.43 AC |
Description
The property is located in Downtown Sylvania, Ohio, within the Red Bird Entertainment District and DORA area. It is approximately one mile from US-223 and I-475. The site backs to Ten Mile Creek and is surrounded by retail, restaurants, and medical providers. Zoning is B-3, which permits a mix of residential, multifamily, and commercial uses.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 82-11601 | Improvements Assessment | $0 |
| Land Assessment | $10,640 | Total Assessment | $10,640 |
Property Taxes
Parcel Number
82-11601
Land Assessment
$10,640
Improvements Assessment
$0
Total Assessment
$10,640
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5728 Summit St
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