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    33 Byrne Rd Toledo, OH 43615

    Sponsored
    For Sale
    $1,500,000

    Multi-tenant retail/warehouse, high traffic location.

    Property size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 40,000 square foot multi-tenant retail complex situated on a 4.55-acre lot in Toledo, Ohio. The property, located at 33 S Byrne Rd, features five tenants and boasts excellent visibility with over 300 feet of frontage on S Byrne Road. The complex comprises four buildings, including a substantial 12,200 square foot warehouse with a fenced yard, and a 7,600 square foot retail showroom prominently positioned on S Byrne Road. Additional on-site storage is also available. Built in 1969 and renovated in 2000, this property offers a blend of established infrastructure and updated features. The property is zoned C-R Regional Commercial and benefits from its strategic location at the signalized intersection of S Byrne and Hill Avenues, experiencing combined daily traffic of 41,377 vehicles. This high-traffic location ensures significant exposure and accessibility for businesses. The asking price for this lucrative investment is $1,500,000. The property's parcel number is #20-05624. This is an ideal opportunity for investors seeking a well-established, multi-tenant retail complex in a prime Toledo location.

    Property Features for 33 Byrne Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    40,000 SF
    Lot Size
    198,198 SF

    Building Details

    Year Built/Renovated
    1969/2000

    HighLights

    • 36,350 SF retail/warehouse complex on 4.55 acres with four buildings.
    • High‑traffic location at the signalized intersection of S Byrne Rd and Hill Ave (41,377 VPD).
    • Excellent visibility with over 300 feet of frontage on S Byrne Rd.
    • C‑R Regional Commercial zoning.
    • 12,200 SF warehouse with fenced yard.
    • 7,600 SF retail showroom on S Byrne Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Royal Motors Used Car Dealer Liberty Collision Center Auto Body Shop Mr FixIt 419 ... General Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.625394
    Latitude
    41.6372778

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    FAQs

    What type of property is this?
    Automotive property - Multi-tenant retail/warehouse, high traffic location.
    Where is this automotive property located?
    The property is located at 33 Byrne Rd Toledo, OH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 36,350 SF retail/warehouse complex on 4.55 acres with four buildings.; High-traffic location at the signalized intersection of S Byrne Rd and Hill Ave (41,377 VPD).; Excellent visibility with over 300 feet of frontage on S Byrne Rd.
    (216) 214-1197
    Request Owner's contact information
    33 Byrne 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
    33 Byrne Rd Toledo, OH 43615
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