Current Use by Public Records
- Rite Aid / Pharmacy
- Coinhub Bitcoin ATM Teller / Atm
- Melanie Prisby / Pharmacy
- Western Union / Bank / Credit Union
- higi / Physician
Property Details for 5224 Dorr St
- Year built
- 1998
- Lot size
- 1.65 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional 11,030-square-foot retail building, formerly a Rite Aid, is available for sale or lease. Situated on a prominent 1.65-acre corner lot at the intersection of Dorr Street and North Reynolds Road in Toledo, Ohio, this property boasts unparalleled visibility and accessibility. The location benefits from high daily traffic counts exceeding 45,000 vehicles on both streets. The single-tenant building, constructed in 1998, features a convenient drive-thru and ample parking for 51 vehicles. Its 10-CR zoning designation allows for a variety of commercial uses. The property's strategic location offers easy access to major interstates I-475 and I-75, placing it within close proximity to a large consumer base. Within a three-mile radius, the average household income surpasses $78,538, and the population within five miles exceeds 210,451. The property is less than a mile from the Inverness Golf Course and 2.3 miles from the University of Toledo. Nearby national retailers include Walgreens, Speedway, O'Reilly Auto Parts, and many more, further enhancing the property's desirability. This is a rare opportunity to acquire a well-positioned retail asset in a thriving Toledo market. The building is currently vacant, presenting a blank canvas for a new tenant or owner.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6659
- Latitude
- 41.6534
