Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a thriving Mexican restaurant in Oregon, Ohio. The property, totaling 2,120 square feet, sits on a 0.46-acre lot and is situated at 3111 Navarre Ave, a main retail corridor with high visibility (27,273 vehicles per day). The single-tenant building, constructed in 1976, operates under a new 5-year triple-net (NNN) lease commencing July 1, 2024, and expiring June 30, 2029, leaving 4.6 years remaining. The lease includes… a personal guarantee, offering added security for the investor. The property boasts a 9.50% cap rate and a strong net operating income (NOI) of $62,400, with an asking price of $656,850 ($309.83 per square foot). Its strategic location is adjacent to Mercy Health St. Charles Hospital (a 342-bed general hospital) and within 2.5 miles of ProMedica Bay Park Hospital. The area features a robust retail environment, including nearby Kroger, Walmart, Aldi, and other major retailers. The property is zoned for commercial use and benefits from its proximity to major roadways, including OH-2/Navarre Ave and Interstate-280, providing excellent access to Toledo, Ohio's fourth-largest city and a significant Midwestern port. The property's strong tenant, excellent location, and favorable lease terms make this a compelling investment prospect. The Lucas County location offers a strong daytime population of 124,946 within a five-mile radius, further enhancing the investment potential. The property's APN is 4420645.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 12 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,969 SF
- Lot area
- 0.46 ac
- Year built
- 1976
- Stories
- 1
- APN
- 44-20645
- Zoning
- 40-C2
- Assessed value · 2023
- $85,295
- Annual tax · 2023
- $7,329
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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