4024 Holland Sylvania Rd Toledo, OH 43623
- Strip malls
- 21,592 SF
- 2.68 lot acres
Current Use by Public Records
- Code Ninjas / Children'S Party Service / Education Center
- Oak Tree Shopping Center / Shopping Mall
- Nathan Ensey - State Farm Insurance Agent / Life Insurance Agency / Renter'S Insurance Agency
- The Spot Sylvania / Cafe
- Mia Dessert Bar / Bakery
Property Details for 4024 Holland Sylvania Rd
- Year built
- 1971
- Lot size
- 2.68 lot acres
- Property size
- 21,592 SF
- Zone code
- 20-MX
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 78-21277
- APU
- 7821277
Description
This exceptional retail property, located at 4024 N Holland Sylvania Rd in Toledo, Ohio, 43623, presents a fantastic leasing opportunity. The single-story building, constructed in 1971, boasts a total of 20,400 square feet, with 1,200 square feet currently available for lease. Situated on a generous 3.054-acre lot, the property offers ample parking with 60 spaces available for customers and employees. The building is served by Toledo Edison power. Its convenient location on N Holland Sylvania Rd, with cross-street access to Sylvania Avenue, ensures high visibility and accessibility for businesses. The property is zoned for commercial use, making it ideal for a variety of retail ventures. The building does not include elevators. This is a multi-tenant property offering a prime opportunity to establish or expand your business in a thriving Toledo commercial district. The available space is 1,200 square feet, perfect for a smaller retail operation or office space. Don't miss this chance to secure a prominent location in a busy commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $645,000
- 6.5%
- $575,000
- 7%
- $570,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $645,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $535,000
- Retail
- $500,000
- Mixed-Use
- $595,000
- Hospitality
- $620,000
- Educational
- $535,000
- Residential Income
- $640,000
- Energy
- $640,000
- Income-Based Land
- $530,000
- Food Service
- $560,000
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6846
- Latitude
- 41.692
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA