High Traffic Commercial Land

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
    NA
  • State
    OH
  • County
    Lucas
  • City
    TOLEDO
  • GPS
    -83.5007490844021 41.7119789031199
  • Curent Zoning
    Commercial
  • General Elevation
    585
  • Taxes
    $531
  • Conveyance
    Warranty Deed
  • Sewer
    At the street
  • Parcel Size (in acres)
    1
  • Zip
    43612
  • Title Info
    BENORE VENTURES INC
  • Access
    Paved street access
  • Terrain
    flat
  • HOA Fees
    NA
  • Power
    At the Street
  • Water
    At the street
  • Phone
    At the street

Transaction Details

Total Transaction Purchase Price (including closing costs): $133000
Anticipated Sale Price: $300000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 180 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 50%
Equity Partner Profit Split: 30/70 Partner/Promoter if sold in 90 days on market or less otherwise 50/50%
Anticipated Budget: $300,000-133,000=167,000, .3*167,000=50100, .7*167,000=116,900

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