Property profile

4409 Bennett Rd Toledo, OH 43612

OFF-MARKET
Auto shops
Property ID
US66-1676873
7,989 SF 0.46 ac lot Built 1949
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Toledo property, located at 4409 Bennett Road Unit 4409, encompasses a versatile 0.46-acre lot. The building has undergone a complete renovation, presenting a unique opportunity for investors seeking a turnkey business. The property's diverse offerings include a thriving car lot, a fully equipped auto mechanic shop, and a luxurious apartment. The car lot and auto shop are established businesses, ready to generate immediate income. The apartment provides additional rental income potential. The entire building boasts a fresh, modern renovation, minimizing the need for immediate capital expenditures. This turnkey operation offers a streamlined path to profitability, making it an attractive investment for those seeking a high-return, low-maintenance venture. The property's diverse income streams and prime location in Toledo contribute to its significant investment potential. Don't miss this chance to acquire a well-established, high-yield property in a desirable market. Act quickly, as this opportunity is unlikely to remain available for long.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1949
Total area 7,989 SF
Lot 0.46 ac (20,058 SF)
Zoning code 10-CR
APN 13-30851
UPID US66-1676873

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

4409 Bennett Rd Toledo, OH 43612-1909
Toledo metro Census 400 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2021
Last sale
$155,100
3 recorded transactions
2021
$155,100
2019
$95,000
2005
Price N/A

Zoning & alternative use

10-CR · Toledo, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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