Financial
Distress signals
Property profile

22 New Towne Sq Dr Toledo, OH 43612

OFF-MARKET
Turn key restaurants
Property ID
US66-0732147
7,638 SF 2.42 ac lot Built 1984
Last sale Dec 2020 · $250
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2.4-acre commercial property in Toledo, Ohio, presents a prime redevelopment opportunity. Located at 22 New Towne Square Dr, at the intersection of New Towne Square and Telegraph Rd (near Alexis Rd), this property features a 7,638 square foot, single-story building constructed in 1985, previously used as a casual dining restaurant. The property is zoned CR and boasts 138 parking spaces. The site offers excellent visibility and accessibility, situated adjacent to the newly

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$7k
Tax billed · 2023
Assessed value$53k
Assessed land$26k
Assessed improvement$26k
Effective rate12.58%

Value estimate

· Sep 2026
$365k
$329k – $402k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$158/SF
Submarket average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$40 – $265

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
10-CRSO
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 agency18.7
Law Firm17.2
Hair Salon12.5

Location

22 New Towne Sq Dr Toledo, OH 43612
County assessor Recorded deeds · 5 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
262 Matzinger, Toledo, OH 43612-2625 $175,000 Feb 2026 10,255 SF
704 Sylvania, Toledo, OH 43612-1339 $100,000 Jun 2025 7,749 SF
4625 Lewis, Toledo, OH 43612-2336 $98,000 May 2025 9,431 SF
5258 Enterprise, Toledo, OH 43612-3809 $485,000 May 2025 6,684 SF
1266 Progress, Toledo, OH 43612-3834 $754,000 Apr 2025 7,320 SF
1125 Sylvania, Toledo, OH 43612-1703 $585,000 Oct 2024 13,792 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
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