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    4900 N Mccord Rd Sylvania, OH 43560

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    4900 N Mccord Rd Sylvania, OH 43560


    • Strip malls
    • 28,500 SF
    • 2.80 lot acres
    Neighborhood Center Retail Space Available For Lease
    $2,440,000

    Neighborhood Center Retail Space Available

    Retail space for lease in a high-occupancy neighborhood center.

    4900 N. McCord Road, Sylvania, OH 43560
    View Listing
    Property ID
    US66-0164008
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Zane's Lebanese Grill / Restaurant
    • Toledo Driving Schools / Training Center / Vocational School
    • Angela Henry / Physician
    • Lourdes University The Den / High School
    • Great Lakes Pianos / (Bike/Boat/Book/etc) Store

    Property Details for 4900 N Mccord Rd

    Year built
    1975
    Lot size
    2.80 lot acres
    Property size
    28,500 SF
    Zone code
    31-R3
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    82-04531
    APU
    8204531

    Description

    This exceptional retail opportunity in Sylvania, Ohio, presents 5,000 to 10,000 square feet of space within a thriving neighborhood center at 4900 N. McCord Road. The property, built in 1975, boasts a total of 28,500 square feet on a 3.75-acre lot and is zoned Planned Development, B-2 (General Business District) in Lucas County. Recent improvements include updated facades, ensuring a modern and attractive storefront. Ample parking is available for customers and employees. The center enjoys high occupancy rates, with established tenants including the Ohio Bureau of Motor Vehicles, Sylvania License Bureau, Allstate Insurance, Zane's Lebanese Grill, and Sylvan Pantry. This prime location along a major commuter route serves Sylvania's growing population, with a strong demographic profile: 47,986 people reside within a three-mile radius, exhibiting a median household income of $105,314. The proximity to Lourdes University further enhances the area's appeal and potential customer base. This property offers a unique chance to establish or expand a business in a vibrant and well-established commercial center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,296,000
      Market price range: $943k - $4.00M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,310,000
      Current use
      MEDICAL BUILDING
      $2,885,000
      Change: +25% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,085,000
      Change: -10% Conversion: Difficult
      RETAIL STORES
      $2,015,000
      Change: -13% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Sylvania
    County
    Lucas
    State
    Ohio
    Longitude
    -83.7035
    Latitude
    41.7043
    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
    $54,770
    $179,970
    $369,880
    $549,850
    -
    $514,200
    $1,056,800
    $1,571,000
    View Listing
    More about this property
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