1443 Picadilly Ln, Maumee, OH for sale

Investment Overview

Rare opportunity to acquire approximately 8.49 acres in the heart of Maumee's Dussel Drive corridor, one of the most heavily commercialized nodes in suburban Toledo. The offering consists of 7.19 acres of vacant land at 1443 Picadilly Drive and 1.3 acres at 140 W Dussel Drive, currently improved with a vacant motel and primed for redevelopment. Both parcels are being offered for sale Subject to Offer, and may be acquired together or separately. The site sits at Maumee's western gateway adjacent to Arrowhead Park, a 250+ company business park supporting more than 14,000 daytime employees. Site boasts immediate access to I-475 via the reconfigured Salisbury Road/W Dussel Drive interchange, with connections to I-75 and the Ohio Turnpike. The surrounding corridor is anchored by Suffolk Square, Arrowhead Shops, and a dense mix of national retail, food-service, medical, and hospitality users, with area employers including Promedica Mercy Health, Dana Incorporated and The Andersons. Development momentum in the immediate area is robust: a directly adjacent parcel is currently under contract with plans for a senior housing residence. Park recently A $54.5 million apartment complex is under construction and nearby Fallen Timber mall has recently sold to a group planning major improvements and the addition of new apartments, restaurants, medical users and retailers.

Investment Highlights

• Approximately 8.49 total acres of commercial development land, across two adjacent parcels, available for purchase together or separately
• Three (3) curb cuts providing flexible site access and circulation, (1) Curb cut at 140 W Dussel & (2) curb cuts at 1443 Picadilly Lane
• Approximately 17,458 vehicles per day along the W Dussel Drive corridor
• Minutes from The Shops at Fallen Timbers and Uptown Maumee's Conant Street shopping and restaurant district
• One of the largest remaining contiguous land assemblages in the Dussel Drivel corridor
• C-2 Zoning allows for a wide range of commercial usage
• All utilities on site and a flat topography
• Strong demographic profile
• For Sale "Subject to Offer"