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    Retail Space Available For Sale Title is generated by Realmo AI

    2124 W Alexis Rd, Toledo, OH 43613

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    Retail space with 2,423 SqFt available for sale.

    Type:Retail
    Property size:
    2,423 SF
    Price / SF:
    $103/SF
    Added:
    Mar 17, 2026
    Days on Market:
    103
    Last Refresh:
    Mar 20 at 12:00 am

    Property Features for 2124 W Alexis Rd

    General Information

    Standard status
    Active
    Size
    2,423 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1975

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    Patrick West

    Listing office SVN Ascension Commercial Realty

    Listing date Mar 17, 2026

    Source Crexi

    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 Commercial Realty

    HighLights

    • Retail property available
    • 2,423 SqFt of space
    • Built in 1975

    Overview

    This is a retail space offering 2,423 square feet and is available for sale.

    Local 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 $24.4k $10.08
    − Vacancy −$1.9k −$0.77
    EGI $22.6k $9.31
    − OpEx −$6.8k −$2.79
    NOI $15.8k $6.52
    2,423 SF · lease $10.08/SF/yr · vacancy 7.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $225.7K
    $197.5K – $263.3K (±1% cap)
    NOI $15,797 @ 7.0% cap · market cap 6.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $403.2K
    $352.8K – $470.5K (±1% cap)
    NOI $28,227 @ 7.0% cap · market cap 11.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.5961914
    Latitude
    41.7213437

    FAQs

    What type of property is this?
    Retail space - Retail space with 2,423 SqFt available for sale.
    Where is this retail space located?
    The property is located at 2124 W Alexis Rd Toledo, OH.
    What is the asking price?
    The asking price for this property is $249,997.
    What are key features of this property?
    This property features: Retail property available; 2,423 SqFt of space; Built in 1975
    More about this property
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