Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

441 Spencer St Toledo, OH 43609

FOR SALE
Auto shops
Property ID
US66-1967777
7,680 SF 0.59 ac lot Built 1951
Last sale Jun 2016
Trust Owned Owner of record is a trust. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of two commercial sites in Toledo, Ohio. The first location at 1020 N Reynolds Rd (Toledo, OH 43615) covers approximately 1.2 acres across multiple parcels (2059404, 2059391, 2059387, 2059384, and 2059381) and includes a 3,060 sq ft shop building plus a 2,644 sq ft retail building, both on a fenced lot and under commercial zoning. The second location at 441 Spencer St (Toledo, OH 43609) covers approximately 1.75 acres across parcels (0721767, 0721777, 0721854, 0721857, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$43k
Assessed land$6k
Assessed improvement$37k
Effective rate10.22%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$302k
Vacancy & credit loss−$23k
Operating expenses−$84k
NOI · 4.35% cap applied$196k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$72/SF
Submarket average, outlier-cleaned · 120 recorded sales of this use type
Observed band · Q1–Q3$29 – $115

Cap rate analysis

How does the asset earn?
4.35%
$196k 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-MX
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.2
Law Firm20.6
Hair Salon15.4

Location

441 Spencer St Toledo, OH 43609
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
139 Hawley, Toledo, OH 43609-2373 $165,000 Jun 2025 8,738 SF
3704 Marine, Toledo, OH 43609-1046 $100,000 Feb 2025 2,500 SF
306 Fearing, Toledo, OH 43609-1812 $135,000 Sep 2024 No data
310 Fearing, Toledo, OH 43609-1812 $135,000 Sep 2024 No data
3608 Marine, Toledo, OH 43609-1020 $255,000 Sep 2022 6,493 SF
3544 Marine, Toledo, OH 43609-1018 $200,000 Mar 2021 3,480 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again