Four-unit brick building, updated systems, high potential.
Description
Added:
Feb 3, 2025
Days on Market:
337
This exceptional four-unit brick building located at 2101 Dorr Street, Unit 2101, Toledo, OH presents a lucrative investment opportunity. Situated on a sizable 0.07-acre corner lot, this well-maintained property boasts updated and meticulously maintained major systems, ensuring worry-free ownership. The building comprises four units: a spacious 1100 square foot unit facing Dorr Street, and three additional units of approximately 500, 625, and 625 square feet respectively, all facing Woodstock Street. The property's versatile layout and prime location offer a wide range of potential uses. Its previous occupants included a beauty supply store, barbershop, and convenience store, demonstrating its adaptability to various commercial ventures. Considerable potential exists for diverse businesses, including but not limited to daycare centers, lodges, postal services, religious assemblies, smoke shops, business assistance sales and service, financial services, repair services, retail establishments, wireless telecommunications providers, drug and alcohol treatment centers, taverns, bookstores, manufacturing and production facilities, and wholesale operations. The asking price is $159,900. This property represents a compelling investment opportunity with significant upside potential for savvy investors seeking a strong return on investment in a desirable Toledo location.
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2101 Dorr St Toledo, OH 43607
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
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AI approach
Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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2101 Dorr St Toledo, OH 43607
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2101 Dorr St, Toledo, OH
Shayna Powder
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2101 Dorr St, Toledo, OH
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2101 Dorr St, Toledo, OH
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2101 Dorr St, Toledo, OH
Shayna Powder
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