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5744 Southwyck Blvd 15,072 SF Office Building Toledo, OH 43614 $425,000 ($28.20/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 |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
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
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
15,072 SF
Building Class
C
Year Built
1972
Price
$425,000
Price Per SF
$28.20
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,536 SF
Slab To Slab
12’
Building FAR
0.27
Lot Size
1.27 AC
Zoning
RM12 - 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
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PROPERTY TAXES
| Parcel Number | 07-70121 | Improvements Assessment | $10,780 (2025) |
| Land Assessment | $24,220 (2025) | Total Assessment | $35,000 (2025) |
PROPERTY TAXES
Parcel Number
07-70121
Land Assessment
$24,220 (2025)
Improvements Assessment
$10,780 (2025)
Total Assessment
$35,000 (2025)
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5744 Southwyck Blvd
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