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    5009 Secor Rd Toledo, OH 43623-2318

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    Property profile & analytics

    5009 Secor Rd Toledo, OH 43623-2318


    • Retail space
    • 6,804 SF
    • 0.65 lot acres
    Off-Market
    Last Sale Apr 12, 2021
    Property ID
    US66-1654789
    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
    $805,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar General / Grocery & Convenience Store / Food Market
    • Western Union / Bank / Credit Union

    Property Details for 5009 Secor Rd

    Year built
    1996
    Lot size
    0.65 lot acres
    Property size
    6,804 SF
    Zone code
    10-CR
    Property type
    Retail space
    APN
    23-36277
    APU
    2336277

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $740,000
      6.5%
      $680,000
      7%
      $635,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $932,000
      Market price range: $293k - $1.24M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $995,000
      Current use
      RESTAURANT
      $1,075,000
      Change: +8% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6242
    Latitude
    41.7067
    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
    $20,369
    $52,745
    $152,355
    $205,100
    -
    $150,700
    $435,300
    $586,000
    More about this property
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