Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

1707 Cherry St Toledo, OH 43608

FOR LEASE
Grocery and convenience stores
Property ID
US66-6130721
56,472 SF 4.45 ac lot Built 2001
Last sale May 2016 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial land parcel totaling approximately 0.6 acres and is governed by perpetual access easements tied to curb cuts on Sherman, Cherry, and Bancroft, which provide defined points for vehicular ingress/egress. The easement language also includes parking rights associated with Seaway Marketplace’s Lot 1, establishing parking availability through the referenced lot. Site usability and operating circulation are supported by these documented access and parking rights, and the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$89k
Tax billed · 2023
Assessed value$916k
Assessed land$177k
Assessed improvement$739k
Effective rate9.74%

Value estimate

· Oct 2026
$6.54M
$5.89M – $7.19M
CAP approach$5.67M
Submarket $/SF estimate$6.81M
NOI build-up
Gross scheduled income$63k
Vacancy & credit loss−$5k
Operating expenses−$18k
NOI · 430,852.63% cap applied$41k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
430,852.63%
$41k 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 Clinic9.9
Smoke and Vape Shop9.9
Locksmith9.3

Location

1707 Cherry St Toledo, OH 43608
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3317 Lagrange, Toledo, OH 43608-1140 $24,500 Dec 2025 14,592 SF
1245 Manhattan, Toledo, OH 43608-1549 $1,500,000 Apr 2025 29,288 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved