Financial
Distress signals
Property profile

524 Main St Toledo, OH 43605

OFF-MARKET
Drive through restaurants
Property ID
US66-2111815
2,371 SF 0.11 ac lot Built 1956
Last sale Mar 2025 · $134,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 524 Main Street, Unit 524, in the heart of downtown Toledo, Ohio, presents a unique investment opportunity. Currently configured as a pizza restaurant, this turnkey operation is being offered via online auction with a minimum bid of $139,000. The auction concludes Friday, February 14th at 1 PM. The property boasts a prime Main Street location within a high-traffic area, benefiting from a well-established local customer base. All existing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$51k
Assessed land$2k
Assessed improvement$49k
Effective rate9.90%

Value estimate

· Sep 2026
$120k
$108k – $132k
AI approach$105k

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-CS
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.6
Spa & Massage13.4
Nail Salon12.5

Location

524 Main St Toledo, OH 43605-2060
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
613 Main, Toledo, OH 43605-1745 $145,000 Jul 2025 2,268 SF
1625 Miami, Toledo, OH 43605-3316 $2,085,750 Jun 2025 2,080 SF
1401 Liberty, Toledo, OH 43605-3226 $50,000 Nov 2024 2,882 SF
1352 Dawson, Toledo, OH 43605-3573 $26,000 Aug 2024 2,130 SF
915 Starr, Toledo, OH 43605-2363 $4,400 Feb 2024 2,358 SF
1333 Broadway, Toledo, OH 43605 $425,000 Jan 2024 2,844 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
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