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    2249 Reynolds Rd Toledo, OH 43615

    For Sale
    $99,500

    Prime 0.635-acre commercial lot in Toledo, OH.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.635-acre commercial land parcel, located at 2249 N Reynolds Rd, Toledo, Ohio 43615, presents a unique investment opportunity. Priced at $99,500, this property is ideal for new office construction. The lot offers convenient easement access. Shared access is provided via a curb cut on Reynolds Road with an adjacent lot, facilitating easy ingress and egress. Furthermore, an easement through this lot provides access to Rondeau, enhancing its connectivity and potential for development. The property's location in Lucas County, Ohio, offers proximity to established businesses, including Clayton and US Renal Care, which are accessible via an easement through Innovative Reynolds Road Associates. This strategic location and convenient access make this property an attractive option for developers seeking a well-situated site for a new office building. The property's size and accessibility make it a highly desirable location for a variety of commercial ventures. Detailed property information is available upon request. This is a rare opportunity to acquire a prime commercial lot in a thriving area of Toledo.

    Property Features for 2249 Reynolds Rd

    General Information

    Property type
    Land
    Lot Size
    27,661 SF

    HighLights

    • 0.635‑acre commercial lot in Toledo, OH, priced at $99,500.
    • Ideal for new office construction.
    • Convenient easement access with shared curb cut on Reynolds Road and additional easement access to Rondeau.
    • Located near established businesses like Clayton and US Renal Care.
    • Prime commercial lot in a thriving Toledo area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U.S. Renal Care Dialysis Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.66786266081
    Latitude
    41.663673869403

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    FAQs

    What type of property is this?
    Land - Prime 0.635-acre commercial lot in Toledo, OH.
    Where is this land located?
    The property is located at 2249 Reynolds Rd Toledo, OH.
    What is the asking price?
    The asking price for this property is $99,500.
    What are key features of this property?
    This property features: 0.635-acre commercial lot in Toledo, OH, priced at $99,500.; Ideal for new office construction.; Convenient easement access with shared curb cut on Reynolds Road and additional easement access to Rondeau.
    Request Owner's contact information
    2249 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
    2249 Reynolds Rd Toledo, OH 43615
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