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Property profile & analytics
FOR LEASE
Commercial land

2325 S Reynolds Rd Toledo, OH 43614

8,871 SF 0.55 ac lot Built 1958
Individually Owned 2-yr Hold Free & Clear
Property ID
US66-0559552
Property summary
AI-generated overview

This exceptional 2.4-acre commercial land parcel, identified by APN numbers 20-01887 and 20-01884, is situated at 2325 S Reynolds Rd in Toledo, Ohio, zip code 43614, within Lucas County. Zoned 10-CR, this property offers significant development potential due to its prime location in a densely populated corridor. Boasting excellent visibility and frontage on Reynolds Road, the site benefits from proximity to major amenities including the Amazon Distribution Center and the Stranahan Theater. Convenient access to I-80 is less than one mile away, enhancing its logistical appeal. The property is ideally suited for build-to-suit projects, and a ground lease option is available. Its strategic location near densely populated residential areas ensures a strong potential customer base. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a thriving Toledo neighborhood. The asking price for this exceptional property is $480,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1958
Total area 8,871 SF
Lot 0.55 ac (23,958 SF)
Zoning code 10-CR
APN 20-01884
UPID US66-0559552
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Williams Distributing Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Stone M York · 2 yrs held
Stone M York
since 2024
Last sale
$250,000
6 recorded transactions
2024
$250,000
2022
Price N/A
2022
Price N/A
2019
Price N/A
2019
$1.7M
2005
Price N/A
Zoning & alternative use
10-CR · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Microsoft Word - TMZC 2024-04-24
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