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    Property profile & analytics

    2522 Reynolds Rd Toledo, OH 43614

    • Retail space
    • 20,860 SF
    • 2.92 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Last Sale
    Oct 16, 2024
    Location Intelligence
    Property ID
    US66-0973646
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 2522 Reynolds Rd

    Year built
    1973
    Lot size
    2.92 lot acres
    Property size
    20,860 SF
    Zone code
    10-CR
    Property type
    Retail space
    APN
    21-00851
    APU
    2100851

    Description

    This exceptional 20,860-square-foot warehouse, located at 2522 S Reynolds Road in Toledo, Ohio, presents a significant opportunity for businesses seeking a versatile and well-maintained industrial space. Situated on a 2.91-acre lot, the property boasts a single-tenant occupancy and is currently entirely vacant, ready for immediate use. Built in 1973 and extensively renovated in 2020, the building offers a modern feel with a 16-foot ceiling height, perfect for accommodating various storage and operational needs. Access is facilitated by one dock-high door, ensuring efficient loading and unloading of goods. Ample parking is available with 75 spaces provided for employees and visitors. The property is zoned CR and features robust electrical service: 2-225 amp, 208V, 3-phase, 4-wire power. Its convenient location near Heatherdowns Boulevard in Lucas County (APN: 00851

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $570,000
      6.5%
      $515,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $530,000
      Geo Method
      $465,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $535,000
      Mixed-Use
      $470,000
      Hospitality
      $620,000
      Educational
      $520,000
      Residential Income
      $590,000
      Energy
      $595,000
      Income-Based Land
      $480,000
      Food Service
      $625,000

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6653
    Latitude
    41.5929
    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
    $13,603
    $76,020
    $45,885
    $121,905
    -
    $217,200
    $131,100
    $348,300

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

      2214 Tedrow Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.21 Acres
      2214 Tedrow Rd, Toledo, OH 43614-3859
      View Details
    • Value Estimation by Request
      1,437 SF

      1965 Byrne Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,437 SF
      1965 Byrne Rd, Toledo, OH 43614-3621
      View Details
    • Value Estimation by Request
      6,278 SF

      2164 Tedrow Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,278 SF
      2164 Tedrow Rd, Toledo, OH 43614-3800
      View Details
    • Value Estimation
      $205,000
      6,300 SF

      1564 Byrne Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,300 SF
      1564 Byrne Rd, Toledo, OH 43614-3432
      View Details
    • Value Estimation
      $190,000
      1,288 SF

      4411 Heatherdowns Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,288 SF
      4411 Heatherdowns Blvd, Toledo, OH 43614-3114
      View Details
    • Value Estimation by Request
      2,376 SF

      4342 Detroit Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,376 SF
      4342 Detroit Ave, Toledo, OH 43614-5367
      View Details

    Similar Nearby for Sale

    • $3,650,000
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      New Construction Sheetz Fuel Store

      New construction Sheetz with 15-year absolute NNN ground lease.
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      Toledo Retail Property: Prime Location

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      Turnkey Restaurant Business For Sale

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    Similar Nearby for Lease

    • $12 SF/Yr
      5,010 SF

      Retail Suites Available for Lease

      Retail suites available with full basement for storage.
      2030-2040 S Byrne Rd, Toledo, OH 43614
      View Details
    • $13 SF/Yr
      60,042 SF

      Retail Space in Colonial Village

      Retail space for lease in South Toledo neighborhood center.
      4400 Heatherdowns Blvd, Toledo, OH 43614
      View Details
    • $6 SF/Yr
      3,000 SF

      Retail Spaces Available for Lease

      Retail spaces available immediately, tenant improvement allowance potential.
      1339-1415 Glendale Ave, Toledo, OH 43614
      View Details
    • $14 SF/Yr
      1,000 SF

      Retail Space on S. Byrne

      Retail space with frontage on S. Byrne Road.
      2269 S Byrne Rd, Toledo, OH 43614
      View Details
    • $16 SF/Yr
      2,850 SF

      Retail Space Near University

      Retail space available near University of Toledo Medical Center.
      2936-3022 Glendale Ave, Toledo, OH 43614
      View Details
    • $6 SF/Yr
      23,873 SF

      South Toledo Retail/Industrial Space

      23,873 SF former grocery store suitable for retail/industrial use.
      5105-5115 Glendale Ave, Toledo, OH 43614
      View Details
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    2522 Reynolds Rd
    Toledo, OH 43614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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