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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5224 Dorr St Toledo, OH 43615

11,030 SF 1.65 ac lot Built 1998
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1998
Total area 11,030 SF
Lot 1.65 ac (71,874 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rite Aid Pharmacy
  • Coinhub Bitcoin ATM Teller Atm
  • Melanie Prisby Pharmacy
  • Western Union Bank Credit Union
  • higi Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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