Listed by SVN Ascension Commercial Realty
$425,000
6309 & 6323 W Bancroft St
Details
APN 2671104 & 2671107
Property Type Multifamily, Land
Sub Type Commercial, Apartment Building
Price Per Acre $63,651
Acreage 6.677
Zoning 10-RAM 12 Multi-Family Residence
Multifamily | 0.00% CAP
Marketing description
Commercially zoned parcels located on West Bancroft in Toledo just east of 475/23.
6.67-acre development site, zoned Multi-Family Residential for sale. Located on West Bancroft in Toledo just east of I-475/23, adjacent to Orchard Lakes Apartments. Excellent visibility with 260' frontage on W. Bancroft St., a 2-lane road with center turning lane. Located in CRA district, tax abatement for new construction.
Investment highlights
Within the Springfield Local School District
All utilities located on site
8" sanitary sewer north side of W. Bancroft St., 8" water line south side of W. Bancroft St. ,24" storm
south side of W. Bancroft
Potential for additional contiguous development acreage
VPD's: W Bancroft St, 11,909 (24); Dorr St, 8,4608 (24); I-75/US23, 90,759 (23)
Sale Price: $425,000
Cap Rate: 0.0
Lot Size: 6.677 Acres
Investment Type: Opportunistic
Property Type: Land
Property Subtype; Multifamily
Listing Contacts
Listed by SVN Ascension Commercial Realty
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