Property profile

847 Alexis Rd Toledo, OH 43612

OFF-MARKET
Turn key restaurants
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Property ID
US66-1269290
2,992 SF 0.64 ac Built 1969
Last sale Dec 2025·$1,290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 0.63-acre parcel presents a unique investment opportunity. Currently housing a 2,992 square foot restaurant, this single-tenant property is an outparcel to a thriving Kroger and Target-anchored shopping center, North Towne Commons, and sits adjacent to Home Depot. Its strategic location at the signalized intersection of Lewis Avenue and Alexis Road (Highway 184) ensures high visibility and accessibility. Alexis Road serves as a major east-west commuter artery and retail…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$55k
Assessed land$51k
Assessed improvement$5k
Effective rate10.16%

Value estimate

· Nov 2026
$500k
$450k – $550k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$158/SF
Submarket average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$40 – $265
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
10-CR
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.2
Realty agency19.6
Hair Salon15.5

Location

847 Alexis Rd Toledo, OH 43612-4303
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
704 Sylvania, Toledo, OH 43612-1339 $100,000 Jun 2025 7,749 SF
4625 Lewis, Toledo, OH 43612-2336 $98,000 May 2025 9,431 SF
5258 Enterprise, Toledo, OH 43612-3809 $485,000 May 2025 6,684 SF
1266 Progress, Toledo, OH 43612-3834 $754,000 Apr 2025 7,320 SF
4757 Detroit, Toledo, OH 43612-2608 $62,500 Feb 2025 1,136 SF
4011 Lockwood, Toledo, OH 43612 $314,000 Oct 2024 5,008 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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