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Property profile & analytics

2928 Tremainsville Rd Toledo, OH 43613-1939

  • Auto shops
  • 4,540 SF
  • 0.26 lot acres
OFF-MARKET
Last Sale
Jul 08, 2025
$175,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-1762508
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

  • OTT Auto Repair / Auto Repair Shop
  • Over The Top Performance and Auto repair / Auto Repair Shop
  • H4T Automotive Services / Auto Repair Shop

Property Details for 2928 Tremainsville Rd

Year built
1953
Lot size
0.26 lot acres
Property size
4,540 SF
Zone code
10-CR
Property type
Auto shops
APN
23-58607
APU
2358607

Description

This exceptional investment opportunity presents a 4,540 square foot commercial building ideally situated on a corner lot in Toledo, Ohio. Currently operating as a 100% occupied auto repair shop, the property boasts excellent visibility with 290 feet of corner frontage and pylon signage. The building features five 10' x 10' grade-level doors, providing convenient access for vehicles. Ample parking is available with 12 designated spaces and additional open paved area. Inside, the space is currently configured as a shop, office space, and two restrooms. The unfinished second floor offers significant potential for expansion or additional rental income. The property sits on a 0.44-acre lot and benefits from four curb cuts, ensuring easy ingress and egress. Located just one-third of a mile south of W. Alexis Rd., this property enjoys close proximity to major national and local retailers. The Regional Commercial zoning allows for a wide range of potential uses. The current tenant is under a month-to-month lease, generating $3,250 in monthly rent plus utilities. The asking price is $299,000, representing a 10% cap rate. This stabilized investment is ideal for both investors and owner-operators. The sale includes the real estate and fixtures only. The property's APN is 2358611 & 2358607. Built in 1953, the two-story building is a solid investment in a prime location.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Toledo
County
Lucas
State
Ohio
Longitude
-83.6147
Latitude
41.7158
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
$7,205
$10,045
$62,195
$72,240
-
$28,700
$177,700
$206,400
More about this property
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