Property profile

5009 Secor Rd Toledo, OH 43623

OFF-MARKET
Retail space
Property ID
US66-1654789
6,804 SF 0.65 ac lot Built 1996
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,000-square-foot retail space is ideally situated at the northwest corner of Secor Road and West Laskey Road in Toledo, Ohio, offering unparalleled visibility and accessibility. The property boasts a single-tenant occupancy, providing a blank canvas for a wide range of retail businesses. The entire 7,000 square feet is currently vacant, presenting a unique opportunity for a business seeking a substantial and highly visible location. The address is 5009 Secor Rd, Toledo, OH 43623. This prime location within Toledo offers excellent exposure to high traffic counts on two major thoroughfares, ensuring significant foot traffic and drive-by visibility. The property's size and layout are adaptable to various retail concepts, making it an attractive option for businesses seeking to establish a strong presence in the Toledo market. The building is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to explore the potential of this exceptional retail space and its strategic location. The property is zoned for commercial use and offers ample parking for customers and employees. This is a rare opportunity to secure a prominent retail location in a thriving Toledo commercial area. The property's location provides easy access to major roadways and a diverse customer base.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Total area 6,804 SF
Lot 0.65 ac (28,401 SF)
Zoning code 10-CR
APN 23-36277
UPID US66-1654789

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
  • Grocery & Convenience Store Food Market
  • Bank Credit Union

Location

5009 Secor Rd Toledo, OH 43623-2318
Toledo metro Census 7904 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$680k
Comparable Approach Comparable
$933k
Blend (final) Blend
$365k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2013
Price N/A

Zoning & alternative use

10-CR · Toledo, OH
Top alternative use upside
Restaurant $1.1M +7.7%

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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