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Property profile & analytics

3136 Sylvania Ave Toledo, OH 43613-4133

  • Retail space
  • 2,025 SF
  • 0.09 lot acres
OFF-MARKET
Last Sale
Oct 26, 2022
$132,500
Value Estimations
$180,000
Show details
Cap Rate Potential
7.5%
Retail space
Location Intelligence
Property ID
US66-2562747
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

  • Lockett Lash Studio / Beauty Salon
  • True Grace Lashes / Beauty Salon
  • Growing Years / Consignment Shop
  • Prettyprincess BeautieRoom / Beauty Salon

Property Details for 3136 Sylvania Ave

Year built
1958
Lot size
0.09 lot acres
Property size
2,025 SF
Zone code
10-CR
Property type
Retail space
APN
22-22757
APU
2222757

Description

This exceptional Toledo, Ohio retail investment opportunity presents a 2,025-square-foot storefront building ideally situated at 3136 W Sylvania Ave, Toledo, OH 43613. Originally constructed in 1958 and extensively renovated in 2020, this single-tenant property boasts 100% occupancy with a lease expiring October 31, 2025. The current tenant is open to lease renewal or vacating to allow for owner-occupancy. The building features two separately metered units, each with its own HVAC system, offering flexibility for future use. The property is zoned 10-CR Regional Commercial (APN 22-22757) and offers a compelling price per square foot of $83.36, with an asking price of $168,800. Annual real estate taxes are $3,225.26. This property represents a strong investment opportunity with immediate income potential and the potential for future owner-user occupancy. The building's recent renovation ensures modern functionality and appeal, making it an attractive option for both investors and potential owner-operators. The location in Toledo, Ohio provides access to a thriving market and strong consumer base. This is a rare opportunity to acquire a well-maintained, income-producing retail property in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $175,000
    ML approach
    $175,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $220,000
    6.5%
    $205,000
    7%
    $190,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $170,000
    Market price range: $45.9k - $190k
    AI Estimate
    $246,000
    Market price range: $80.8k - $258k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $115,000
    Current use
    MEDICAL BUILDING
    $150,000
    Change: +30% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $145,000
    Change: +27% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $145,000
    Change: +24% Conversion: Moderate
    OFFICE BUILDING
    $130,000
    Change: +11% Conversion: Easy
    COMMERCIAL (GENERAL)
    $125,000
    Change: +7% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Toledo
County
Lucas
State
Ohio
Longitude
-83.6202
Latitude
41.6921
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
$3,225
$7,665
$23,625
$31,290
-
$21,900
$67,500
$89,400
More about this property
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