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    3311 Secor Rd Toledo, OH 43606-1518

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    3311 Secor Rd Toledo, OH 43606-1518


    • Retail properties & Spaces
    • 142,560 SF
    • 7.43 lot acres
    Off-Market
    Last Sale Jun 7, 2023
    $4,400,000
    Property ID
    US66-3135313
    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.

    Value Estimations
    $4,725,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3311 Secor Rd

    Year built
    1961
    Lot size
    7.43 lot acres
    Property size
    142,560 SF
    Zone code
    10-CR
    Property type
    Retail properties & Spaces
    APN
    22-16648
    APU
    2216648

    Description

    This exceptional 61,340 square foot retail space presents a unique redevelopment opportunity in Lucas County. Located at the southeast corner of Center Avenue and Secor Road, this property boasts a prime location within a thriving trade area encompassing over 250,000 residents and drawing from multiple surrounding counties. Previously occupied by an Elder-Beerman department store, this single-tenant building is currently vacant and ready for immediate redevelopment. Construction is planned for 2019. The property is zoned CR Regional, offering flexibility for a variety of retail or restaurant uses. Its strategic location benefits from the proximity to the University of Toledo, with its substantial student population of 18,000 undergraduates and 4,200 graduate students situated just south of the shopping center. This presents a significant opportunity to tap into a large and diverse consumer base. The sheer size of the building offers considerable potential for a flagship store or a multi-faceted retail development. This is an unparalleled chance to establish a prominent presence in a high-traffic area with strong demographics and significant growth potential. Inquire today to learn more about this exciting redevelopment project.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,955,000
      ML approach
      $4,545,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,996,000
      Market price range: $3.00M - $14.1M
      AI Estimate
      $5,336,000
      Market price range: $5.34M - $17.9M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $6,655,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.624
    Latitude
    41.6804
    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
    $46,579
    $459,060
    $7,770
    $466,830
    -
    $1,311,600
    $22,200
    $1,333,800
    More about this property
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