5057 Lewis Ave Toledo, OH 43612
Property Lookup
Property profile & analytics
5057 Lewis Ave Toledo, OH 43612
- Outlet malls
- 20,420 SF
- 1.27 lot acres
Property ID
US66-1453135
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.
Location Intelligence
Current Use by Public Records
- Lucky's Thrift Store / Discount Store
- Budget Mans Flea MRket / Food Market / Farmer's Market
- Dollar Giant Flea Market / (Bike/Boat/Book/etc) Store
Property Details for 5057 Lewis Ave
- Year built
- 1953
- Lot size
- 1.27 lot acres
- Property size
- 20,420 SF
- Zone code
- 10-CR
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 09-81087
- APU
- 981087
Description
This 20,120-square-foot vacant flex space at 5057 Lewis Avenue in Toledo, Ohio, presents a compelling redevelopment opportunity. The Class A industrial property, built in 1953, sits on a 1.269-acre lot with four street frontages, offering excellent visibility and accessibility. Currently zoned CR, rezoning to IL is anticipated. The building features an 8-foot ceiling height, 85+ parking spaces, an overhead door with a lift, and prominent pylon and overhead door signage. The property's location near major employers like GM and Stellantis Jeep plants, and proximity to I-75 and northend industrial parks, makes it strategically advantageous. While previously leased to a flea market on a modified gross lease (with a 90-day termination clause), the property is currently vacant, allowing for complete customization to suit a variety of uses. The building is a block structure with a brick façade, and lacks sprinklers, gas blowers, and air conditioning. A TARTA bus stop is conveniently located directly in front of the building on Lewis Avenue. The asking price is $395,000, representing a price per square foot of $24.60. The property's APN is 0981087. This is a NNN lease property.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.5667
- Latitude
- 41.7088
- 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
$12,749
$43,295
$72,940
$116,235
-
$123,700
$208,400
$332,100
