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    616 N Reynolds Rd Toledo, OH 43615

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    For Sale
    $190,000

    Operating car wash with conversion potential on a busy road.

    Property size:
    5,353 SF
    Lot size:
    0.48 Acres

    Property Features for 616 N Reynolds Rd

    General Information

    Size
    5,353 SF
    Lot size
    0.48 Acres

    Source: Reichle | Klein Group Agent Brent Patterson

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

    Overview

    Established Car Wash on Reynolds

    This property, situated on busy N. Reynolds Rd., features a manual car wash with 5 wash bays. The car wash has been in operation since 1975. Encompassing 5,353 square feet, the location presents an opportunity for conversion into other types of businesses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Caress Car Wash Car Wash

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6641904
    Latitude
    41.6465166

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    FAQs

    What type of property is this?
    Car wash - Operating car wash with conversion potential on a busy road.
    Where is this car wash located?
    The property is located at 616 N Reynolds Rd Toledo, OH.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - High-traffic location on N. Reynolds Rd.; - Existing car wash business with **5 wash bays**.; - Established business operating since 1975.
    (419) 861-1100
    Request Owner's contact information
    616 N Reynolds Rd Toledo, OH 43615
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    Toledo, OH 43615
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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.

    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
    616 N Reynolds Rd Toledo, OH 43615
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