Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Sylvania Center Title is generated by Realmo AI

    4900 N McCord Road, Sylvania, OH 43560

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Neighborhood center with a history of high occupancy, space available.

    Type:Retail
    Added:
    Apr 1, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 1 at 11:52 am

    Property Features for 4900 N McCord Road

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1975

    Spaces For Lease

    at 4900 N McCord Road Contact us

    We can help!

    Listing Contact
    Duke Wheeler, CRRP

    Listing agent Duke Wheeler, CRRP

    Listing office

    Listing date Apr 1, 2026

    Source Rkgcommercial

    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 Duke Wheeler, CRRP

    HighLights

    • Space available in neighborhood center
    • History of high occupancy
    • Year Built: 1975

    Overview

    Space is available for rent in a neighborhood center that has a history of high occupancy.
    Location Intelligence

    Current Use by Public Records

    Zane's Lebanese Grill Restaurant Toledo Driving Schools Training Center Angela Henry Physician Lourdes University The Den High School Great Lakes Pianos (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Kroger - Columbus, 6235 Monroe St, Sylvania, OH 43560

    Location Insight

    • Map
    • Local Demand
    City
    Sylvania
    County
    Lucas
    State
    Ohio
    Longitude
    -83.7032731
    Latitude
    41.7046287

    Nearby Similar for Lease

    • $13 SF/Yr
      1,500 SF

      End Cap Retail Suite

      End cap storefront with prominent pylon signage and visibility along Monroe Street for strong retail presence.
      4735 Monroe St, Sylvania, OH 43623
      View Details
    • $1,300/Mo
      3,713 SF

      Remodeled Office and Retail Space

      1,029 SF remodeled office/retail space with US 23 access.
      6100 Monroe Street, Sylvania, OH 43560
      View Details
    • Contact for pricing
      7,482 SF

      Medical Office Suites with Private Amenities

      Multiple medical suites with private patient rooms, reception/waiting areas, storage, and ample surface parking near I-475/US 23.
      7640 West Sylvania Avenue (Progressive Wellness Medical), Sylvania, OH 43560
      View Details
    • $14 SF/Yr

      Medical Office Space Available

      Second-generation medical office space near ProMedica Flower Hospital.
      4848 Holland Sylvania Rd., Sylvania, OH 43560
      View Details
    • $7 SF/Yr
      2,382 SF

      Medical Office with Free Rent

      First year free rent for a former dental office.
      4906 N Holland Sylvania Rd, Sylvania, OH
      View Details
    • Contact for pricing

      Office Space with Conference Room

      Office unit featuring a conference room, kitchenette, and open area.
      6707 Monroe Street, Sylvania, OH 43560
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in Sylvania, OH

      Retail space available for lease in Sylvania, Ohio.
      6600 Sylvania Ave, Sylvania, OH
      View Details
    • Contact for pricing
      7,700 SF

      Proposed Shopping Center on Monroe

      Proposed 7,700 SF shopping center with high traffic.
      6404 Monroe St, Sylvania, OH
      View Details
    • Contact for pricing
      1,750 SF

      Sylvania Township Retail/Office Space

      1,750 SF renovated retail or office space for lease.
      5270 Alexis Rd, Sylvania, OH
      View Details
    • $9 SF/Yr

      Neighborhood Center Retail Space Available

      Retail space for lease in a high-occupancy neighborhood center.
      4900 N. McCord Road, Sylvania, OH 43560
      View Details

    FAQs

    What type of property is this?
    Shopping center - Neighborhood center with a history of high occupancy, space available.
    Where is this shopping center located?
    The property is located at 4900 N McCord Road Sylvania, OH.
    What are key features of this property?
    This property features: Space available in neighborhood center; History of high occupancy; Year Built: 1975
    (419) 346-5826
    We can help!
    Listing Contact
    Duke Wheeler, CRRP
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4900 N McCord Road, Sylvania, OH 43560
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!