0 4217 -4303Talmadge Rd, Toledo, OH 43623
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.