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    Property profile & analytics

    1609 Bancroft St Toledo, OH 43606-4432

    • Individual retail properties
    • 3,440 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 09, 2025
    Location Intelligence
    Property ID
    US66-1071202
    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

    • Irie Lounge / Dance Club / Night Club

    Property Details for 1609 Bancroft St

    Year built
    1972
    Lot size
    0.33 lot acres
    Property size
    3,440 SF
    Zone code
    10-CR
    Property type
    Individual retail properties
    APN
    15-25241
    APU
    1525241

    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
    -83.5809
    Latitude
    41.6632
    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
    $2,921
    $8,855
    $16,660
    $25,515
    -
    $25,300
    $47,600
    $72,900

    Comparable in this City

    • Value Estimation by Request
      3,411 SF

      3403 Monroe St

      DRY CLEANER • 3,411 SF
      3403 Monroe St, Toledo, OH 43606-4140
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    • Value Estimation
      $45,000
      0.03 Acres

      3174 Bellevue Rd

      DRY CLEANER • 0.03 Acres
      3174 Bellevue Rd, Toledo, OH 43606-1801
      View Details
    • Value Estimation by Request
      0.11 Acres

      1005 Bancroft St

      RETAIL STORES (PERSONAL SERVICES) • 0.11 Acres
      1005 Bancroft St, Toledo, OH 43606
      View Details
    • Value Estimation by Request
      0.05 Acres

      1654 Bancroft St

      RETAIL STORES (PERSONAL SERVICES) • 0.05 Acres
      1654 Bancroft St, Toledo, OH 43606-4435
      View Details
    • Value Estimation by Request
      0.09 Acres

      1802 Bancroft St

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      1802 Bancroft St, Toledo, OH 43606-4301
      View Details
    • Value Estimation by Request
      0.12 Acres

      3029 Northwood Ave

      FINANCIAL BUILDING • 0.12 Acres
      3029 Northwood Ave, Toledo, OH 43606
      View Details

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    Similar Nearby for Lease

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      3324 Secor Rd, Toledo, OH 43606
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      3,000 SF

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      Retail space in a regional shopping center near University.
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      Toledo Shopping Center: Prime Retail Opportunity
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    • $16 SF/Yr
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      Toledo Retail Center: Lease Opportunity
      3140-3148 Secor Rd, Toledo, OH 43606
      View Details
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    Toledo, OH 43606-4432
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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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