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    2222 Reynolds Rd Toledo, OH 43615-2808

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    2222 Reynolds Rd Toledo, OH 43615-2808


    • Strip malls
    • 6,344 SF
    • 0.62 lot acres
    Off-Market
    Property ID
    US66-2391590
    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.

    Value Estimations
    $615,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Little Caesars Pizza / Restaurant
    • Tims treasures / Discount Store
    • Cashland / Discount Store / (Bike/Boat/Book/etc) Store
    • Rising Stars Dance Academy / Training Center
    • Staffworks Group / Employment Agency

    Property Details for 2222 Reynolds Rd

    Year built
    1969
    Lot size
    0.62 lot acres
    Property size
    6,344 SF
    Zone code
    10-CR
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    20-10001
    APU
    2010001

    Description

    This exceptional 1-story, 6,344 square foot neighborhood retail center in Toledo, Ohio, presents a unique investment opportunity. The property, located at 2222 N Reynolds Rd, boasts a desirable location at the signalized intersection of N Reynolds Rd and W Bancroft St, offering high visibility and accessibility. The center features four suites, with a maximum contiguous space of 1,650 square feet currently available for lease. An existing Little Caesar's anchors the center, providing strong synergy for potential tenants. The property sits on a 6.32-acre lot with ample parking (25+ spaces). Built in 1969, the Class B building benefits from an open floor plan and is zoned 10-CR Regional Commercial, allowing for diverse business uses. Its proximity to Toledo Botanical Gardens and the I-475/US 23 interchange (less than 2 miles) ensures high traffic and convenient access for customers. The Lucas County location and Toledo submarket offer a strong foundation for growth and profitability. This is an excellent opportunity to acquire a well-located retail property with significant upside potential. The property's APN is 2010001.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $805,000
      6.5%
      $745,000
      7%
      $690,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $479,000
      Market price range: $182k - $670k
      AI Estimate
      $617,000
      Market price range: $167k - $1.27M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $445,000
      Current use
      RESTAURANT
      $1,000,000
      Change: +124% Conversion: Difficult
      RETAIL STORES
      $520,000
      Change: +16% Conversion: Easy
      MEDICAL BUILDING
      $470,000
      Change: +5% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $460,000
      Change: +2% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $385,000
      Change: -14% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6674
    Latitude
    41.6627
    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
    $8,497
    $7,665
    $80,080
    $87,745
    -
    $21,900
    $228,800
    $250,700
    More about this property
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