North Toledo Retail Center
4900 Jackman Rd Toledo, OH
For Sale
Contact for pricing
Retail space available within a prominent neighborhood shopping center.
Property Size7,080 SF
Lot Size1.62 Acres
Price / SF$126.51
Days on Market499
Property Features for 4900 Jackman Rd
General Information
Standard status
Active
Size
7,080 SF
Lot size
1.62 Acres
Property subtype
RETAIL
Listing Agency:
SVN Ascension
(734) 344-2317
Listed By:
Patrick West · License ##SAL.2023003931
(734) 344-2317
Source:
Moodyscre
Added: Mar 18, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:37AM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.4k | $10.08 |
| − Vacancy | −$5.4k | −$0.77 |
| EGI | $65.9k | $9.31 |
| − OpEx | −$19.8k | −$2.79 |
| NOI | $46.2k | $6.52 |
7,080 SF · lease $10.08/SF/yr · vacancy 7.60% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Miracle Mile Shopping Plaza — 4925 Jackman Rd, Toledo, OH 43613
- Ohio BMV Express Kiosk — 4925 Jackman Rd, Toledo, OH 43613
- Coinstar Kiosk | Bitcoin ATM — Kroger - Columbus, 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.
