Property summary
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… constructed Toledo Trade Center Industrial Complex, a significant 850,000 square foot development. Property taxes are $0.65 per square foot. The building's Class D designation reflects its potential for renovation or demolition to accommodate a variety of commercial uses. The ample lot size and strategic location make this an ideal site for a new retail development or other commercial ventures. The parcel number is 2243421. An adjacent 1.93-acre parcel, also occupied by a restaurant, may be available for acquisition, expanding the total acreage to 4.33 acres on the hard corner of Telegraph and Alexis Roads. This presents a unique chance to acquire a substantial footprint in a rapidly developing area of Toledo.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,638 SF
- Lot area
- 2.42 ac
- Year built
- 1984
- Stories
- 1
- APN
- 22-43421
- Zoning
- 10-CRSO
- Assessed value · 2023
- $52,500
- Annual tax · 2023
- $6,603
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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