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Property profile & analytics

4208 Airport Hwy Toledo, OH 43615-7009

  • Strip malls
  • 24,520 SF
  • 1.89 lot acres
OFF-MARKET
Value Estimation
$715,000
Last Sale
Sep 19, 2022
$813,800
Location Intelligence
Property ID
US66-6260742
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Family Dollar / Dollar Store / Clothing Store

Property Details for 4208 Airport Hwy

Year built
1982
Lot size
1.89 lot acres
Property size
24,520 SF
Zone code
10-CN
Property type
Strip malls
Property subtype
Neighborhood centers
APN
02-38771
APU
238771

Description

This exceptional 24,520 square foot retail strip center, built in 1982, is strategically located at the intersection of Airport Highway and Wenz Road in Toledo, Ohio (zip code 43615). The property boasts a prominent position, directly across from Swan Creek Metropark and surrounded by a substantial residential population including numerous apartment complexes and single-family homes. The center features a single building with ample parking for 100 vehicles, ensuring convenient access for customers and employees. Currently, there are multiple vacancies totaling 13,684 square feet, presenting a significant opportunity for expansion or new tenancy. The zoning designation is 10-CN. The property's address is 4208 Airport Highway, Toledo, OH. This well-maintained property offers a strong foundation for a variety of retail businesses, benefiting from its high visibility and proximity to a dense residential area and recreational amenities. The property's parcel number (APN) is 0238771. The substantial available space presents a unique opportunity for businesses seeking a prime location in a thriving Toledo neighborhood. This is an excellent investment opportunity for those seeking a well-located retail property with significant potential for growth.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $705,000
  • CAP approach

    CAP return
    Estimation
    6%
    $715,000
    6.5%
    $670,000
    7%
    $740,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $690,000
    Geo Method
    $820,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $795,000
    Retail
    $705,000
    Mixed-Use
    $680,000
    Hospitality
    $780,000
    Educational
    $765,000
    Residential Income
    $705,000
    Energy
    $720,000
    Income-Based Land
    $720,000
    Food Service
    $765,000

Location Insight

  • Map
  • Local Demand
City
Toledo
County
Lucas
State
Ohio
Longitude
-83.6431
Latitude
41.6206
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,082
$58,485
$197,015
$255,500
-
$167,100
$562,900
$730,000
More about this property
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