5111 Benore Rd, Toledo, OH 43612
- Retail space
- 10,004 SF
- 1.88 lot acres
Current Use by Public Records
- Retail space
Property Details for 5111 Benore Rd
- Year built
- 1995
- Lot size
- 1.88 lot acres
- Zone code
- 10-CR
- Property type
- Retail space
- APN
- 22-17167
- APU
- 2217167
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 27, 2026 | $1,250,000 | Am&s LLC | Bcd Toledo LLC | Warranty Deed | — |
| Sep 11, 2025 | $650,000 | Bcd Toledo LLC | Highcliff Development Corporation | Warranty Deed | $585k · Frank West Capital LLC |
| Mar 26, 2024 | $60,100 | Fnf Condo LLC | Luke Smith | Deed | — |
| Nov 14, 2022 | $131,300 | Luke Smith | Benore Ventures INC | Warranty Deed | — |
Description
This well-maintained, 10,004 square foot retail building in Toledo, Ohio, presents a compelling investment opportunity. Located at 5111 Benore Rd, 43612, this property has been occupied by Rite Aid since its construction in 1995 and features a drive-through pharmacy. The building boasts ample parking (35 spaces) and excellent visibility from a 1.8-acre corner lot at the intersection of Suder Ave and Benore Rd, ensuring high traffic exposure. All existing retail shelving, coolers, and signage are included. The property is zoned for a variety of uses, offering flexibility for potential tenants or owner-occupancy, and presents strong potential for high rental income. Its convenient location in Point Place provides easy access for residents and customers. The asking price is $1,150,000, translating to $114.95 per square foot. This property offers a unique blend of established tenancy, prime location, and versatile space, making it an ideal investment for discerning buyers.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,085,000
- 6.5%
- $1,005,000
- 7%
- $930,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $842,000
- AI Estimate
- $945,000
Market price range: $275k - $843kMarket price range: $305k - $945k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $535,000 Current use
- MEDICAL BUILDING
- $740,000 Change: +39% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $730,000 Change: +37% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $705,000 Change: +32% Conversion: Moderate
- OFFICE BUILDING
- $635,000 Change: +19% Conversion: Easy
- COMMERCIAL (GENERAL)
- $610,000 Change: +14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.5006
- Latitude
- 41.7115
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
