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5011 Navarre Ave Lot • Terrain commercial • 8,09 Acres • 1 104 618 $ CAD • Oregon, OH 43616

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FAITS SAILLANTS DE L'INVESTISSEMENT

  • Approved for 64-unit multifamily development
  • Adjacent to Pearson Metropark and residential zones
  • Strong traffic counts and favorable demographics
  • Signalized intersection with 1,000 feet of frontage
  • Served by full municipal utilities and storm sewer
  • Zoned C-5 with flexible development potential

RÉSUMÉ DE L'ANNONCE

Positioned at a signalized intersection with approximately 1,000 feet of frontage along Navarre Avenue, this 8.09-acre development site offers a rare opportunity in Oregon, Ohio’s growing commercial and residential corridor. The parcel is zoned C-5 and has received municipal approval for a 64-unit multifamily development, making it ideal for either rental or for-sale housing. With flat topography and storm sewer access, the site is primed for efficient development. Surrounded by a mix of residential neighborhoods to the north and east, and commercial uses to the south, the property benefits from strong visibility and accessibility. Pearson Metropark borders the western edge, offering a natural amenity that enhances the appeal for future residents. The site is served by Toledo Edison, Columbia Gas, and City of Toledo water and sewer services, ensuring full utility access for a range of development types. Traffic counts along Navarre Avenue exceed 12,500 vehicles daily, with Wynn Road adding nearly 4,000 more, supporting both residential and commercial viability. The area’s demographics reflect a solid consumer base, with a median household income of $78,516 within one mile and a population of nearly 57,000 within five miles. The property’s current CAUV status offers potential tax advantages for qualified buyers. Whether pursued as a multifamily community or repositioned for alternative commercial use, 5011 Navarre Avenue presents a compelling investment in a high-visibility, utility-ready location with strong municipal support.

FAITS SUR LA PROPRIÉTÉ

Prix 1 104 618 $ CAD
Type de vente Investissement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée
Commercial
  • Commerce de détail
  • Bureau
Taille totale du lot 8,09 AC
Zonage C-5 - Approved for 64-unit multifamily

1 LOT DISPONIBLE

Lot

Prix 1 104 618 $ CAD
Prix par AC 136 541,11 $ CAD
Taille du lot 8,09 AC

8.09 acres located on Navarre Avenue currently zoned C-5 with approved plan for 64-unit multifamily. Topography is flat and utilities are to site.

  • ID d’inscription: 38409978

  • Date de mise sur le marché: 2025-11-11

  • Dernière mise à jour:

  • Adresse: 5011 Navarre Ave, Oregon, OH 43616

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