4257 Monroe St Toledo, OH 43606
This exceptional 0.81-acre commercial land parcel, located at 4257 Monroe St in Toledo, Ohio, presents a unique investment opportunity. Priced at $209,000, the property boasts a substantial 3,012 square feet of space, making it perfect for a variety of commercial ventures. Its prime location in Toledo, OH 43606 (41.6823849, -83.6086) offers excellent visibility and accessibility. The zoning and permitted uses should be independently verified. The property is currently designated as "Special Purpose" and is being marketed as an excellent site for a medical practice, though its versatility allows for exploration of other commercial uses. Given its size and location, this property is well-suited for development or expansion. The absence of existing units provides a blank canvas for a custom-designed building tailored to specific business needs. Serious inquiries are encouraged to explore the potential of this valuable commercial land. This is a rare opportunity to acquire a sizable lot in a desirable Toledo location, offering significant potential for return on investment. All interested parties are advised to conduct their own due diligence regarding zoning regulations and permitted uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
10-CR · Toledo, OHToledo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.