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    OFF-MARKET
    Retail properties & Spaces

    0 4217 -4303Talmadge Rd, Toledo, OH 43623

    2.18 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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