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    Turnkey Auto Shop Opportunity Title is generated by Realmo AI

    5310 Airport Hwy, Toledo, OH 43615

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    Auto shop near busy intersection, ideal for owner-operator or investor.

    Type:Retail, Special Purpose
    Property size:
    4,712 SF
    Price / SF:
    $74/SF
    Added:
    Feb 3, 2026
    Days on Market:
    145
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 5310 Airport Hwy

    General Information

    Standard status
    Active
    Size
    4,712 SF
    Property subtype
    Retail, Special Purpose

    Building Details

    Year Built
    1989

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    Joshua D. Payzant
    Joshua D. Payzant

    Listing office NAI Harmon Group

    Listing date Feb 3, 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 NAI Harmon Group

    HighLights

    • Turnkey opportunity for immediate operation.
    • High‑traffic location near Airport Highway and Reynolds Rd.
    • Proximity to Interstate 475.
    • Located next to Starbucks Coffee and Pet Supplies Plus.
    • Situated across from Airport Square shopping center.
    • Built in 1989.

    Overview

    This turnkey auto shop presents an opportunity for an owner-operator, multi-shop operator, or investor. The property is located near the intersection of Airport Highway and Reynolds Road, and is minutes from Interstate 475. Neighboring businesses include a transmission repair shop, Starbucks Coffee, and Pet Supplies Plus. The Airport Square shopping center is located across the street. The property size is 4712 square feet. Financial information will be available upon execution of a non-disclosure agreement.

    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 $47.5k $10.08
    − Vacancy −$3.6k −$0.77
    EGI $43.9k $9.31
    − OpEx −$13.2k −$2.79
    NOI $30.7k $6.52
    4,712 SF · lease $10.08/SF/yr · vacancy 7.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $438.9K
    $384.0K – $512.0K (±1% cap)
    NOI $30,721 @ 7.0% cap · market cap 8.78%
    Second Best
    Industrial
    $408.3K
    $357.3K – $476.4K (±1% cap)
    NOI $28,584 @ 7.0% cap · market cap 8.17%
    Theoretical Best
    Office A
    $784.2K
    $686.2K – $914.9K (±1% cap)
    NOI $54,893 @ 7.0% cap · market cap 15.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Car Rental Facility Tuffy Tire & Auto ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • LUBE MART — 3561 Airport Hwy, Toledo, OH 43609
    • Brothers Auto Repair Mechanics and used tires — 723 S Byrne Rd, Toledo, OH 43609
    • A to Z Auto — 3535 Airport Hwy, Toledo, OH 43609
    • Bargain Towing & Services — 733 S Byrne Rd, Toledo, OH 43609
    • Mark Lubinski's Garage — 4004 Airport Hwy, Toledo, OH 43615

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6672081
    Latitude
    41.6168667

    FAQs

    What type of property is this?
    Auto shop - Auto shop near busy intersection, ideal for owner-operator or investor.
    Where is this auto shop located?
    The property is located at 5310 Airport Hwy Toledo, OH.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Turnkey opportunity for immediate operation.; High‑traffic location near Airport Highway and Reynolds Rd.; Proximity to Interstate 475.
    More about this property
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