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Property profile & analytics

2429 Reynolds Rd Toledo, OH 43614

  • Apartment buildings
  • 160,811 SF
  • 10.84 lot acres
Value Estimation
Location Intelligence
Property ID
US66-1004752
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

  • Genesis Village / Senior Citizen Center / Retirement Community
  • Heroes In Action / Association / Organization

Property Details for 2429 Reynolds Rd

Year built
1968
Lot size
10.84 lot acres
Property size
160,811 SF
Zone code
10-MX
Property type
Apartment buildings
APN
20-24991
APU
2024991

Description

This exceptional commercial land parcel, located at 2429 S Reynolds Rd in Toledo, Ohio (Lucas County, zip code 43614), presents a unique ground lease opportunity. Currently utilized as a parking lot, this property offers significant potential for various commercial ventures. The site boasts a prime location at the intersection of busy Heatherdowns Blvd and S Reynolds Road, experiencing over 16,000 vehicles daily. This high-traffic retail corridor benefits from a dense residential population and the proximity of a thriving independent living center, ensuring a consistent customer base. The strategic location also places the property near a major Amazon Fulfillment Center and Arrowhead Business Park, further enhancing its appeal and accessibility. The available land is adaptable to suit a range of business needs, offering flexibility for development. This is an excellent chance to establish a presence in a dynamic and rapidly growing area of Toledo. The property is offered as a ground lease. Interested parties should be prepared to explore the terms of a ground lease agreement with the owners of Genesis Retirement Village. The property's high visibility and convenient location make it an ideal investment for businesses seeking a strong foothold in a bustling commercial area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Toledo
County
Lucas
State
Ohio
Longitude
-83.6628
Latitude
41.5962
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
$256,538
$733,530
$2,059,400
$2,792,930
-
$2,095,800
$5,884,000
$7,979,800
More about this property
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