Property profile

0 4217 -4303Talmadge Rd Toledo, OH 43623

OFF-MARKET
Retail properties & Spaces
2.18 ac lot
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents two vacant commercial buildings situated on a 2.18-acre lot at 4217/4303 Talmadge Road in Toledo, Ohio, 43623. Listed at $3,950,000, this property boasts a highly desirable corner location directly across from Franklin Park Mall, a major retail destination attracting over 6 million visitors annually with 1,300,000 square feet of retail and dining options. The site benefits from its position within a thriving retail corridor, surrounded by established businesses including J. Alexander's, Olive Garden, Outback Steakhouse, BJ's Brewhouse, Red Robin, Famous Dave's, Longhorn Steakhouse, Target, HomeGoods, Marshall's, Dick's Sporting Goods, Golf Galaxy, Burlington, and Petco. Convenient access to I-475 (within a half-mile) and multiple arterial roads ensures high visibility and accessibility. The property features a pylon sign and frontage on Homedale Avenue. The property is zoned CR-Regional Commercial, although a portion of parcel 24-20161 is zoned RS-9 (Residential). This presents a unique chance to capitalize on a prime location and strong surrounding demographics. The vacant status allows for complete customization to suit a variety of retail or commercial uses. The property includes two buildings and offers significant potential for a high-return investment. Parcel numbers are 02047, 02041, 20161, 03-471-008, 009, 010.

Property profile

Verified
Property type Retail properties & Spaces
Lot 2.18 ac (94,961 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4217 -4303Talmadge Rd Toledo, OH 43623
Toledo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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