Financial
Distress signals
Property profile

3808 Secor Rd Toledo, OH 43623

FOR LEASE
Drive through restaurants
Property ID
US66-6171822
3,179 SF 1.01 ac lot Built 1985
Last sale Oct 2025 · $830,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$263k
Assessed land$107k
Assessed improvement$157k
Effective rate9.73%

Value estimate

· Sep 2026
$750k
$675k – $825k
AI approach$750k
Submarket $/SF estimate$696k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 80,683.33% cap applied$24k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$158/SF
Submarket average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$40 – $265
Qualifying comparables3

Cap rate analysis

How does the asset earn?
80,683.33%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
10-CR
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply38.6
Wholesale Shop30.0
Auto Parts Store22.1

Location

3808 Secor Rd Toledo, OH 43623
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5079 Monroe, Toledo, OH 43623-3455 $600,000 Mar 2025 3,282 SF
5410 Monroe, Toledo, OH 43623-2801 $822,500 Feb 2025 4,476 SF
5401 Monroe, Toledo, OH 43623-2817 $380,000 Jan 2025 4,080 SF
5464 Monroe, Toledo, OH 43623-2801 $750,000 Dec 2024 4,675 SF
4434 Secor, Toledo, OH 43623-4258 $175,000 Oct 2024 3,484 SF
3715 Alexis, Toledo, OH 43623-1171 $150,000 Sep 2024 4,770 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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