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Property profile & analytics
OFF-MARKET Estimated value $770,000
Drive through restaurants

3808 Secor Rd Toledo, OH 43623-4403

3,179 SF 1.01 ac lot Built 1985
Entity Owned Free & Clear
Property ID
US66-6171822
Property summary
AI-generated overview

This exceptional 3,114 square foot quick-service restaurant building presents a compelling investment or lease opportunity in Toledo, Ohio. Situated on a 1.02-acre lot at 3808 Secor Road, this single-story, 1985-built property boasts a convenient drive-thru and ample parking for 50 vehicles. The property benefits from its location as an outlot to a high-performing Kroger grocery store, ensuring consistent customer traffic. Secor Road sees over 32,000 vehicles per day, providing excellent visibility and accessibility. A highway pylon sign further enhances marketing potential. The property is zoned for Regional Commercial use and features a prime location near other major retailers, including Costco, Home Depot, Best Buy, and Fresh Market, creating a strong retail synergy. The building's 3,114 square feet of net rentable space offers significant potential for a variety of quick-service restaurant concepts. This property is available for sale or lease and represents a rare opportunity to acquire a well-located, established commercial property in a thriving retail corridor. The Lucas County location and easy freeway access add to its appeal. Property APN is 2288405.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1985
Total area 3,179 SF
Lot 1.01 ac (44,203 SF)
Zoning code 10-CR
APN 22-88405
UPID US66-6171822
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$696k
Blend (final) Blend
$770k
Owner & transaction history
Wenna Realty LLC
Wenna Realty LLC
since 2025
Last sale
$830,500
3 recorded transactions
2025
$830,500
2024
Price N/A
2007
$750,700
Zoning & alternative use
10-CR · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Microsoft Word - TMZC 2024-04-24
Top alternative use upside
Office building $760,000 +51.9%
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