Financial
Distress signals
Property profile

1525 Cherry St Toledo, OH 43608

FOR SALE
Retail space
Property ID
US66-2309241
11,520 SF 0.44 ac lot Built 2003
Last sale Jan 2015 · $3,580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A retail suite constructed in 2003, configured for adaptable use and supported by a drive-thru feature. The suite includes on-site parking with multiple access points and an overhead door sized 6 x 8. Located near St. Vincent Medical Center at a signalized intersection, the site provides direct access for customers and visitors.

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?
$39k
Tax billed · 2023
Assessed value$423k
Assessed land$19k
Assessed improvement$404k
Effective rate9.33%

Value estimate

· Sep 2026
$475k
$428k – $523k
CAP approach$1.16M
Submarket $/SF estimate$1.39M
NOI build-up
Gross scheduled income$113k
Vacancy & credit loss−$9k
Operating expenses−$31k
NOI · 36.45% cap applied$73k

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

Recently sold

What actually traded nearby?
$65/SF
Submarket average, outlier-cleaned · 304 recorded sales of this use type
Observed band · Q1–Q3$29 – $121
Qualifying comparables3

Cap rate analysis

How does the asset earn?
36.45%
$73k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
10-CR
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic12.5
Smoke and Vape Shop11.3
Pawn Shop10.4

Location

1525 Cherry St Toledo, OH 43608
County assessor Recorded deeds · 6 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
3360 Stickney, Toledo, OH 43608-1352 $60,500 Jan 2026 5,308 SF
3317 Lagrange, Toledo, OH 43608-1140 $24,500 Dec 2025 14,592 SF
3136 Lagrange, Toledo, OH 43608-1840 $1,553,422 Nov 2024 8,972 SF
2859 Lagrange, Toledo, OH 43608 $190,000 Nov 2023 15,797 SF
2300 Lagrange, Toledo, OH 43608 $462,000 Apr 2023 13,020 SF
3101 Lagrange, Toledo, OH 43608-1801 $14,600 Dec 2022 8,664 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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