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6309 & 6323 W Bancroft St
Multifamily | 0.00% CAP
Listing Contacts
JH 
License: OH 0000395705
Active
Asking Price: $425,000
Address
6309 & 6323 W Bancroft St, Toledo, OH 43615
Show on MapDate Added
Jul 18, 2022
Days on Market
976 days
Time Since Last Update
100 days
Details
Property TypeMultifamily, Land
SubtypeCommercial, Apartment Building
Cap Rate0.00%
Zoning10-RAM 12 Multi-Family Residence
Lot Size (acres)6.677
Price/Acre (Land Value)$63,651/acre
APN2671104 & 2671107
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, 11,756 (23); Dorr St, 8,498 (23); 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
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Property History
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Due Diligence
Listing Contacts
JH License: OH 0000395705
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