551 Dorr St, Toledo, OH 43604
Highly visible commercial property near downtown and University of Toledo.
- Added:
- Jun 19, 2025
- Days on Market:
- 374
- Last Refresh:
- Mar 16 at 1:18 pm
Property Features for 551 Dorr St
General Information
- Standard status
- Active
- Size
- 10,424 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing office NAI Harmon Group
Listing date Jun 19, 2025
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
- Highly visible commercial property in Toledo's urban corridor
- Minutes from downtown Toledo and the University of Toledo
- Strong daily traffic counts and excellent accessibility
- Proximity to major roads (I‑75 and I‑475)
- Located in an established commercial and mixed‑use zone undergoing revitalization
- Suitable for a wide range of commercial uses (retail, office, medical, mixed‑use)
Overview
Local Financial Insights For Healthcare Medical
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 | $175.1k | $16.80 |
| − Vacancy | −$14.0k | −$1.34 |
| EGI | $161.1k | $15.46 |
| − OpEx | −$64.4k | −$6.18 |
| NOI | $96.7k | $9.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Wood
- State
- Ohio
- Longitude
- -83.5567882
- Latitude
- 41.6527707
