1641 W Sylvania Ave Toledo, OH 43612
Property profile & analytics
1641 W Sylvania Ave Toledo, OH 43612
- Retail space
- 1,768 SF
- 0.41 lot acres
Property ID
US66-1973339
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.
Location Intelligence
Current Use by Public Records
- Liberty Tax / Accounting Firm / Tax Preparation
Property Details for 1641 W Sylvania Ave
- Year built
- 1977
- Lot size
- 0.41 lot acres
- Property size
- 1,768 SF
- Zone code
- 10-CR
- Property type
- Retail space
- APN
- 16-03531
- APU
- 1603531
Description
This prime Toledo retail property, located at 1641 W. Sylvania Ave, offers 1,768 square feet of commercial space on a 0.41-acre lot. The single-story building, constructed in 1977, boasts excellent visibility and accessibility with 15 parking spaces and three convenient curb cuts on W. Sylvania Ave. and Wallwerth Dr. Currently occupied by Liberty Tax Service, the property features an existing drive-thru, making it ideal for a variety of retail uses. The property is zoned Regional Commercial, providing flexibility for potential buyers. The current lease with Liberty Tax expires April 29, 2025, with a three-year renewal option. The current monthly rent is $1,500, increasing to $1,650 per month should the tenant exercise the renewal option. The asking price for this exceptional investment opportunity is $275,000, representing a price per square foot of $155.54. The property's Lucas County APN is 1603531. This location provides significant potential for future growth and profitability. The property's strategic location and versatile zoning make it an attractive investment for discerning buyers seeking a strong return on investment in the Toledo market.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.5839
- Latitude
- 41.692
- 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
$8,017
$30,590
$49,910
$80,500
-
$87,400
$142,600
$230,000
