22 New Towne Square Dr Toledo, OH 43612
Property profile & analytics
22 New Towne Square Dr Toledo, OH 43612
- Turn key restaurants
- 7,638 SF
- 2.42 lot acres
Property ID
US66-0732147
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 22 New Towne Square Dr
- Year built
- 1984
- Lot size
- 2.42 lot acres
- Property size
- 7,638 SF
- Zone code
- 10-CRSO
- Property type
- Turn key restaurants
- APN
- 22-43421
- APU
- 2243421
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.5463
- Latitude
- 41.7229
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,603
$26,250
$26,250
$52,500
-
$75,000
$75,000
$150,000
