Financial
Distress signals
Property profile

1855 S Reynolds Rd Toledo, OH 43614

FOR LEASE
Strip malls
Property ID
US66-1056763
35,676 SF 1.02 ac lot Built 1984
Last sale Apr 2006 · $2,875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional single-tenant retail property, located at 1855 S Reynolds Rd in Toledo, Ohio, offers 35,676 total square feet on a 3.03-acre lot. Currently, 4,077 square feet is available for lease. Built in 1984 and renovated in 2016, the property boasts a single story design with ample parking for 150 vehicles. The building features 120/208 power, making it suitable for a variety of retail businesses. Its convenient location near Glendale, within Lucas County, benefits from high

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$56k
Tax billed · 2023
Assessed value$613k
Assessed land$49k
Assessed improvement$564k
Effective rate9.19%

Value estimate

· Sep 2026
$425k
$383k – $468k
Sales comparison$3.24M
NOI build-up
Gross scheduled income$360k
Vacancy & credit loss−$27k
Operating expenses−$100k
NOI · 2,114,527.27% cap applied$233k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$29 – $106

Cap rate analysis

How does the asset earn?
2,114,527.27%
$233k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.1
Building Supply27.8
Restaurant27.1

Location

1855 S Reynolds Rd Toledo, OH 43614
County assessor Recorded deeds · 2 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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
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