New search
Property profile & analytics
FOR LEASE
Truck terminals
4431 South Ave, Toledo, OH 43615
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1924635
For Lease
$930,000
4431 South Ave, Toledo, OH 43615
View Listing →
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1964
Total area
13,400 SF
Lot
6.72 ac (292,593 SF)
Zoning code
10-IL
APN
20-15241
UPID
US66-1924635
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
YRC Freight Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Yellow Roadway Corp · 2 yrs held
Yellow Roadway Corp
since 2024
Last sale
$930,000
4 recorded transactions
Zoning & alternative use
10-IL · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+225.9%
Restaurant
$1.1M
+191.6%
Office building
$1.0M
+180.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$930,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,215,000
Change: +226% · Conversion: Difficult
RESTAURANT
$1,090,000
Change: +192% · Conversion: Difficult
OFFICE BUILDING
$1,045,000
Change: +180% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,015,000
Change: +172% · Conversion: Difficult
RETAIL STORES
$935,000
Change: +151% · Conversion: Difficult
COMMERCIAL (GENERAL)
$855,000
Change: +129% · Conversion: Difficult
MEDICAL BUILDING
$720,000
Change: +93% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $930k (Apr 1 2024)
Last sale anchor
$930k
Apr 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$69 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,023
Tax year 2023
Assessed value
$197,330
Assessed 2023
Previous assessed
$197,330
+0.0% YoY
Effective rate
10.65%
On assessed value
Assessed land
$43,925
Assessed improvement
$153,405
Land market value
$125,500
Improvement market value
$438,300
Total market value
$563,800
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
For Lease
Year built
1964
Heating
NONE
Stories
1
Total area
13,400 SF
Lot
6.72 ac (292,593 SF)
Zoning code
10-IL
APN
20-15241
UPID
US66-1924635
Jurisdiction
LUCAS
Zoning & alternative use
10-IL · Toledo, OH
Zoning 10-IL · permitted uses
10-IL · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$935,000
COMMERCIAL (GENERAL)
Est. value
$855,000
MEDICAL BUILDING
Est. value
$720,000
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Lot
6.72 ac
Current owner
From public records · entity-resolved
Yellow Roadway Corp
Entity
Mailing address
100 MARKET DR MILTON XX
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2024
$930,000
Yellow Roadway Corp
Yrc INC
Limited Warranty Deed
—
Jul 13, 2018
—
City Of Toledo
Yrc INC
Grant Deed
related
—
Aug 13, 2014
—
Yrc INC
—
Grant Deed
related
$650,000,000 · Rbs Citizens Busn Cap
—
—
Yrc INC
—
Loan Modification
related
$600,000,000 · Cortland Products Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
