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    220 Dura Ave Toledo, OH 43612

    • Retail space
    • 29,052 SF
    • 6.77 lot acres
    For Sale
    View listing
    $1,200,000
    Value Estimation
    Last Sale
    Nov 02, 2022
    $750,000
    Location Intelligence
    Property ID
    US66-0846003
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tommy Tire Sales LLC / Tire Shop

    Property Details for 220 Dura Ave

    Year built
    1950
    Lot size
    6.77 lot acres
    Property size
    29,052 SF
    Zone code
    10-IG
    Property type
    Retail space
    APN
    18-13054
    APU
    1813054

    Description

    This exceptional industrial property at 220 Dura Avenue, Toledo, OH 43612, presents a compelling investment opportunity. The 29,052 square foot warehouse sits on a 6.79-acre lot and features two buildings, each with unique attributes. The main building boasts a 9,000 square foot drive-through bay with fourteen 14-foot doors, complemented by a substantial 12,600 square foot cross-dock area. A separate 4,200 square foot truck maintenance building includes four 16-foot doors and a 25' x 16' paint booth. The property also includes two air compressors and ample parking for 48 vehicles. The warehouse features ceiling heights ranging from 10 to 16 feet. The property is zoned IG and has a power supply of 600 amp - 480V and 400 amp - 480V. Additional features include eight cross-dock doors and four 14-foot doors in the main building. All dimensions are sourced from the Lucas County Auditor's Office. This property is priced at $1,200,000, representing a price per square foot of $41.31. Built in 1950, this property offers significant potential for a variety of industrial uses. The property's APN is 13054.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $995,000

    • CAP approach

      CAP return
      Estimation
      6%
      $785,000
      6.5%
      $810,000
      7%
      $760,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $765,000
      Geo Method
      $785,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $885,000
      Retail
      $1,010,000
      Mixed-Use
      $740,000
      Hospitality
      $795,000
      Educational
      $745,000
      Residential Income
      $1,030,000
      Energy
      $980,000
      Income-Based Land
      $880,000
      Food Service
      $865,000

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5407
    Latitude
    41.6991
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,360
    $32,270
    $160,160
    $192,430
    -
    $92,200
    $457,600
    $549,800

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    220 Dura Ave
    Toledo, OH 43612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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