Property profile

1330 Reynolds Rd Toledo, OH 43615

OFF-MARKET
Retail properties & Spaces
13,098 SF Built 2000
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Property summary

AI-generated overview

This exceptional freestanding retail property, totaling 13,098 square feet, presents a compelling investment or redevelopment opportunity. Located on the hard corner of N. Reynolds Road and Dorr Street in Lucas County, this single-story building sits on a 2.1-acre lot and boasts excellent visibility due to its high-traffic location. Built in 2000, the property features 40 parking spaces and is zoned CR-Regional Comm (APN: 20-00254). Currently occupied by a Walgreens under an absolute NNN lease expiring December 2027, the property offers significant potential. The asking price is $2,620,000, translating to $200.03 per square foot. Its strategic location, surrounded by national and local retailers, makes it ideal for a variety of uses, including investment, redevelopment, retail, automotive, car wash, restaurant, or multi-tenant occupancy. The property includes one overhead door, adding to its versatility. This is a rare chance to acquire a prime retail asset in a thriving commercial area. The substantial lot size and existing infrastructure provide ample room for expansion or modification to suit a wide range of business needs. Contact for details.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2000
Total area 13,098 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Pharmacy

Location

1330 Reynolds Rd Toledo, OH 43615
Toledo metro
Google Maps

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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