Realmo Analytics

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Financial
Distress signals
Property profile

2240 Franklin Ave Toledo, OH 43620

FOR SALE
Apartment buildings
Property ID
US66-2500842
7,390 SF 0.11 ac lot Built 1902
Last sale Jun 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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.

Debts

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?
$1k
Tax billed · 2023
Assessed value$14k
Assessed land$2k
Assessed improvement$12k
Effective rate10.42%

Value estimate

· Oct 2026
$180k
$162k – $198k
AI approach$240k
NOI build-up
Gross scheduled income$118k
Vacancy & credit loss−$5k
Operating expenses−$51k
NOI · 54.15% cap applied$62k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$39/SF
Submarket average, outlier-cleaned · 359 recorded sales of this use type
Observed band · Q1–Q3$23 – $60
Qualifying comparables7

Cap rate analysis

How does the asset earn?
54.15%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
10-RM36
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 agency15.9
Skin Care Clinic11.2
Electrical Service10.1

Location

2240 Franklin Ave Toledo, OH 43620
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
428 Machen, Toledo, OH 43620-1246 $232,000 Jul 2024 7,808 SF
625 Virginia, Toledo, OH 43620-1177 $225,000 Nov 2023 6,787 SF
408 Bancroft, Toledo, OH 43620-1716 $175,000 Sep 2023 7,596 SF
2274 Robinwood, Toledo, OH 43620-1042 $165,000 Jun 2023 7,016 SF
2221 Warren, Toledo, OH 43620-1352 $14,000 Sep 2022 6,168 SF
428 Bancroft, Toledo, OH 43620-1744 $25,000 Mar 2020 8,118 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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