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Property profile & analytics
OFF-MARKET
Strip malls
2028 Byrne Rd Toledo, OH 43614-5101
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-6198050
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1965
Total area
4,001 SF
Lot
0.36 ac (15,899 SF)
Zoning code
10-CRSO
APN
20-89511
UPID
US66-6198050
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
RJC Salon Studios Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Permanent Vacation Ltd · 9 yrs held
Permanent Vacation Ltd
since 2017
7 recorded transactions
Zoning & alternative use
10-CRSO · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,417
Tax year 2023
Assessed value
$35,455
Assessed 2023
Previous assessed
$35,455
+0.0% YoY
Effective rate
9.64%
On assessed value
Assessed land
$3,080
Assessed improvement
$32,375
Land market value
$8,800
Improvement market value
$92,500
Total market value
$101,300
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1965
Heating
NONE
Stories
1
Total area
4,001 SF
Lot
0.36 ac (15,899 SF)
Zoning code
10-CRSO
APN
20-89511
UPID
US66-6198050
Jurisdiction
LUCAS
Zoning & alternative use
10-CRSO · Toledo, OHZoning 10-CRSO · permitted uses
10-CRSO · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Permanent Vacation Ltd
Individual
Free & Clear · 9 yrs held
Mailing address
1023 DILLON CIR, FOSTORIA, OH 44830-3396
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2017
—
Permanent Vacation Ltd
Burns,timothy A & Margarita
Quit Claim Deed
related
—
Jun 27, 2014
$46,500
Timothy A Burns
Old Fort Banking Co
Warranty Deed
—
Mar 20, 2014
$83,334
Old Fort Banking Co
Sheriff Of Lucas County
Trustees Deed
related
—
Dec 31, 2008
—
Tgi-byrne Road LLC
Timberstone Group INC
Grant Deed
—
May 9, 2005
$330,000
Timberstone Group INC
Easterwood,grant F JR
Warranty Deed
$280,500 · Old Fort Banking Co
Jan 12, 2005
—
Grant F Easterwood JR.
Easterwood,bonnie L
Affidavit Of Death
related
—
Apr 14, 2004
—
Bonnie L Easterwood
Easterwood,bonnie L
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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