Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5255 Hill Ave Toledo, OH 43615

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $695,000

    Fully occupied shopping center with long-term tenants and ample parking.

    Property size:
    10,000 SF
    Lot size:
    0.99 Acres

    Property Features for 5255 Hill Ave

    General Information

    Size
    10,000 SF
    Lot size
    0.99 Acres

    Source: Reichle | Klein Group Agent Joe Belinske

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Toledo Shopping Center Investment Opportunity

    This shopping center presents an investment opportunity with 100% occupancy. Four of the six tenants have been at this location for more than 15 years, demonstrating a commitment to the area. The property features ample parking with 50 paved spaces. The actual Net Operating Income is $70,034, with a Cap Rate of 10%. The property is situated in an area with excellent demographics, including a population of 193,156 within a 5-mile radius. The property size is 10000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hill's Kitchen (Inside ... American Restaurant Ollie's kitchen Greek Restaurant Hill Market Grocery Store Bitstop Bitcoin ATM Crypto Atm Anglican Church Of The Pentecost ... Church

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Byrnegate Plaza Shopping Center, Express lube

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6668975
    Latitude
    41.6384009

    Nearby Similar for Sale

    • $1,246,000
      3,848 SF

      Citizens Bank NNN Investment Opportunity

      Single-tenant Citizens Bank with 6 years remaining and annual increases.
      3226 W Alexis Rd, Toledo, OH 43613
      View Details
    • $1,099,000
      33,985 SF

      Toledo Industrial Building For Sale

      33,985 SF industrial building in prime North Toledo location.
      5405 Telegraph Rd, Toledo, OH 43612
      View Details
    • $3,490,000
      35,850 SF

      Toledo Retail Center For Sale

      Service-oriented retail center with long-term tenants and upside potential.
      503-529 S Reynolds Rd, Toledo, OH 43615
      View Details
    • $199,900
      39,457 SF

      Medical Office Condo Near Hospital

      Well-maintained medical office condo near I-280 and St. Charles Hospital.
      1050 Isaac Streets Dr, Toledo, OH 43616
      View Details
    • $1,699,000
      11,840 SF

      Class A Office Space Toledo

      Turn-key professional office or medical endcap suite for sale.
      3500 Granite Cir, Toledo, OH 43617
      View Details
    • $799,000
      19,800 SF

      Warehouse District Historical Building

      19,800 SF historical building in Toledo's Warehouse District.
      20 S Ontario St, Toledo, OH 43604
      View Details

    FAQs

    What type of property is this?
    Shopping center - Fully occupied shopping center with long-term tenants and ample parking.
    Where is this shopping center located?
    The property is located at 5255 Hill Ave Toledo, OH.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - High Cap Rate: 10% indicates a strong return on investment.; - 100% Occupancy: Guarantees immediate income stream.; - Established Tenants: Long-term tenants (15+ years) demonstrate stability and commitment.
    (419) 367-1001
    Request Owner's contact information
    5255 Hill Ave Toledo, OH 43615
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5255 Hill Ave
    Toledo, OH 43615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    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.

    More about this property
    5255 Hill Ave Toledo, OH 43615
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.