North Toledo Retail Center
For Sale
Contact for pricing
4900 Jackman Rd, Toledo, OH
Retail space available within a prominent neighborhood shopping center.
Property Size7,080 SF
Lot Size1.62 Acres
Price / SF$126.51
Days on Market590
Property Features for 4900 Jackman Rd
General Information
Standard status
Active
Size
7,080 SF
Lot size
1.62 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Tina Scott, President
Listing Agency:
SVN Ascension
(419) 540-8888
Listed By:
Patrick West · License ##SAL.2023003931
(734) 344-2317
Source:
Moodyscre
Added: Mar 18, 2025
Changed: Oct 25
Last Checked: Oct 26 at 8:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Ascension
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in North Toledo, just south of Lasky Road, this property offers 5,080 square feet of space available for sale or lease within a neighborhood retail center. The location is highly visible and shadow-anchored by the Miracle Mile shopping center. Major tenants in the vicinity include Kroger, Big Lots, Dollar General, and Harbor Freight. The property features a mix of tenants, including a restaurant, clothing retailer, and Sherwin Williams. The Regional Commercial zoning allows for a variety of uses. The property size is 7,080 square feet.
Key Highlights
- Highly visible location in a prominent neighborhood retail center.
- Shadow‑anchored by Miracle Mile shopping center with major tenants like Kroger, Big Lots, Dollar General, and Harbor Freight.
- 5,080 SF available for sale or lease.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,160
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,200
$923.2K
Cap Rate 7%
$659,429
$659.4K
Cap Rate 9%
$512,889
$512.9K
Market Conditions
NOI Build-Up for 7,080 SF
Gross rent
$71.4K $10.08/SF
− Vacancy
−$5.4K −$0.77/SF
EGI
$65.9K $9.31/SF
− OpEx
−$19.8K −$2.79/SF
NOI
$46.2K $6.52/SF
Area
Toledo, OH
Vacancy
7.60%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,200
Cap Rate 7%
$659,429
Cap Rate 9%
$512,889
Alternative Uses
Best Use
Retail
$659.4K
$577.0K – $769.3K
NOI $46,160 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,479 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
225k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 32%
Groceries 28%
Home Improvements & Furnishings 4%
Kroger
Groceries
62,357 visits/mo
0.2 miles
McDonald's
Dining
25,613 visits/mo
0.2 miles
Dollar Tree
Shops & Services
21,807 visits/mo
0.4 miles
Kroger Fuel Center
Shops & Services
18,954 visits/mo
0.1 miles
Speedway
Shops & Services
16,881 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Ohio BMV Express Kiosk — 4925 Jackman Rd, Toledo, OH 43613
- Coinstar Kiosk | Bitcoin ATM — Kroger - Columbus, 4925 Jackman Rd, Toledo, OH 43613
- Miracle Mile Shopping Plaza — 4925 Jackman Rd, Toledo, OH 43613
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space available within a prominent neighborhood shopping center.
Where is this shopping center located?
The property is located at 4900 Jackman Rd Toledo, OH.
What is the asking price?
The asking price for this property is $895,694.
What are key features of this property?
This property features: Highly visible location in a prominent neighborhood retail center.; Shadow‑anchored by Miracle Mile shopping center with major tenants like Kroger, Big Lots, Dollar General, and Harbor Freight.; 5,080 SF available for sale or lease.
