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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Auto shops
2779 Central Ave Toledo, OH 43606-3439
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-5489240
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1963
Total area
6,028 SF
Lot
0.43 ac (18,731 SF)
Zoning code
10-CR
APN
09-08352
UPID
US66-5489240
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
-
AAMCO Transmissions & Total Car Care Auto Repair Shop
-
Tireman - Central Ave: MOVED to BELLE TIRE 5022 Monroe St Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$605k
Owner & transaction history
Florida And Ohio Properties INC · 1 yrs held
Florida And Ohio Properties INC
since 2024
Last sale
$620,000
4 recorded transactions
Zoning & alternative use
10-CR · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$950,000
+118.7%
Medical building
$445,000
+2.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$490,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$435,000
Current use
RESTAURANT
$950,000
Change: +119% · Conversion: Difficult
MEDICAL BUILDING
$445,000
Change: +3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$425,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$380,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$365,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $620k (Jan 20 2021)
Last sale anchor
$620k
Jan 20 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$100 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,946
Tax year 2023
Assessed value
$171,500
Assessed 2023
Previous assessed
$171,500
+0.0% YoY
Effective rate
9.30%
On assessed value
Assessed land
$32,200
Assessed improvement
$139,300
Land market value
$92,000
Improvement market value
$398,000
Total market value
$490,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1963
Heating
NONE
Stories
1
Total area
6,028 SF
Lot
0.43 ac (18,731 SF)
Zoning code
10-CR
APN
09-08352
UPID
US66-5489240
Jurisdiction
LUCAS
Zoning & alternative use
10-CR · Toledo, OH
Zoning 10-CR · permitted uses
10-CR · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$435,000
RESTAURANT
Est. value
$950,000
MEDICAL BUILDING
Est. value
$445,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$425,000
OFFICE BUILDING
Est. value
$380,000
COMMERCIAL (GENERAL)
Est. value
$365,000
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Florida And Ohio Properties INC
Entity
Free & Clear · 1 yrs held
Mailing address
3526 WILLIAMSBURG DR, OREGON, OH 43616-3031
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2026
—
Florida And Ohio Properties INC
—
Deed
related
$2,000,000 · Premier Bank
Aug 28, 2024
$600,000
Florida And Ohio Properties INC
Nour And Adam Properties LLC
Warranty Deed
—
Jan 20, 2021
—
Nour & Adam Properties LLC
Tireman Kenwood Ltd
Grant Deed
—
Jul 10, 2008
$600,000
Tireman Kenwood Ltd
Mike & Sons Properties LLC
Grant Deed
$500,000 · Fifth Third Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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