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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4755 Dorr St Toledo, OH 43615

    • Commercial land
    • 1.71 lot acres
    For Sale
    View listing
    $250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2001397
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 4755 Dorr St

    Lot size
    1.71 lot acres
    Zone code
    10-CO
    Property type
    Commercial land
    APN
    09-84457
    APU
    984457

    Description

    This exceptional 1.764-acre commercial land parcel presents a unique investment opportunity in Toledo, Ohio. Located at 4755 Dorr Street, this property boasts 275 feet of frontage on a major thoroughfare, providing excellent visibility and accessibility. The permitted zoning is Office/Commercial, allowing for a wide range of development possibilities. The site is conveniently situated just west of Inverness Country Club and east of Reynolds Road, offering a desirable location with established surrounding businesses and residential areas. Neighboring properties include commercial establishments to the north, multi-family residences to the south, Asbury Methodist Church to the east, and the Lucas County Public Library to the west. All utilities are readily available on-site, including Toledo Edison electric, Columbia Gas, City of Toledo sanitary and storm sewers, and City of Toledo water. A single curb cut on Dorr Street provides convenient access. This property is priced at $250,000 and presents a compelling opportunity for developers and investors seeking a strategically located commercial land parcel in a thriving Toledo neighborhood. The property is situated in Lucas County, Ohio, with a zip code of 43615.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6552
    Latitude
    41.6526
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,373
    $62,160
    $0.00
    $62,160
    -
    $177,600
    $0.00
    $177,600

    Comparable in this City

    • Value Estimation by Request
      0.69 Acres

      6370 Dorr St

      VACANT COMMERCIAL LAND • 0.69 Acres
      6370 Dorr St, Toledo, OH 43615-4310
      View Details
    • Value Estimation by Request
      0.43 Acres

      4706 Angola Rd

      VACANT COMMERCIAL LAND • 0.43 Acres
      4706 Angola Rd, Toledo, OH 43615-6409
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    • Value Estimation by Request
      0.17 Acres

      3121 Piero Ave

      VACANT COMMERCIAL LAND • 0.17 Acres
      3121 Piero Ave, Toledo, OH 43615
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    • Value Estimation by Request
      18.25 Acres

      2500 Wilford Dr

      VACANT COMMERCIAL LAND • 18.25 Acres
      2500 Wilford Dr, Toledo, OH 43615-2422
      View Details
    • Value Estimation by Request
      1.00 Acre

      4704 Dorr St

      VACANT COMMERCIAL LAND • 991 SF
      4704 Dorr St, Toledo, OH 43615
      View Details
    • Value Estimation by Request
      5.86 Acres

      5351 Nebraska Ave

      VACANT COMMERCIAL LAND • 64,015 SF
      5351 Nebraska Ave, Toledo, OH 43615-3603
      View Details

    Similar Nearby for Sale

    • $850,000
      7,378 SF

      Office Building and Land For Sale

      Office building and vacant land near Reynolds and Airport Highway.
      1421 S Reynolds Rd, Toledo, OH 43615
      View Details
    • Contact for pricing

      Land Near I-475 Interchange

      Commercial land adjacent to I-475/Dorr Street Interchange.
      6311 Dorr St, Toledo, OH 43615
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    • $400,000

      Cleared Land Site For Sale

      Cleared land site with high traffic and excellent highway access.
      5101 Dorr St, Toledo, OH 43615
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    • $250,000

      Commercial Land on Dorr Street

      Flat commercial land with utilities in Toledo, Ohio.
      4755 Dorr St, Toledo, OH 43615
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    • $68,000

      Buildable Land on Holland-Sylvania Rd

      Land with visibility and traffic flow along Holland-Sylvania Rd.
      405 N Holland Sylvania Rd, Toledo, OH 43615
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    • $425,000

      Commercial Land in Toledo, Ohio

      Land with utilities in Springfield Local School District.
      6309-6323 W Bancroft St, Toledo, OH 43615
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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      South Toledo Commercial Lot Lease

      High-traffic location, 1.55-acre lot with office building.
      631 South Reynolds Road Toledo, OH 43615, Toledo, OH 43615
      View Details
    • $5 SF/Yr
      187,124 SF

      Airport Square Shopping Center

      Toledo Retail Center - High Traffic Area
      5225 Airport Hwy, Toledo, OH 43615
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    • $6,696 /Mo
      34,944 SF

      Toledo Office Space for Lease

      Prime Toledo Office, 1,068 SF Max
      4334 Central Ave, Toledo, OH 43615
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    • Contact for pricing
      12,400 SF

      Toledo Industrial Truck Terminal

      High-traffic location, ample space, great access.
      4431 South Ave, Toledo, OH 43615
      View Details
    • $5 SF/Yr
      25,000 SF

      Retail Space with High Visibility

      Retail space with excellent frontage and ample parking.
      5201-5315 Airport Hwy, Toledo, OH 43615
      View Details
    • $12 SF/Yr
      1,535 SF

      Retail Space with High Visibility

      Retail space with excellent frontage and ample parking.
      5325 Airport Hwy, Toledo, OH 43615
      View Details
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    4755 Dorr St
    Toledo, OH 43615
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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