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    5122 Heatherdowns Blvd Toledo, OH 43614

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    5122 Heatherdowns Blvd Toledo, OH 43614


    • Strip malls
    • 24,800 SF
    • 2.00 lot acres
    Office and Retail Space Available For Lease
    $1,625,000
    2,700 SF

    Office and Retail Space Available

    Office and retail spaces for rent.

    5122 Heatherdowns Blvd, Toledo, OH 43614
    View Listing
    Property ID
    US66-6064133
    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

    • Perfect Fit Alterations / (Bike/Boat/Book/etc) Store
    • CrysStyles Hair Salon / Hair Salon
    • Cinco De Mayo Amigo / Restaurant
    • Bernardo D Martinez MD / Physician / Hospital
    • FoodieCards / Advertising Agency / Marketing & Advertising

    Property Details for 5122 Heatherdowns Blvd

    Year built
    1974
    Lot size
    2.00 lot acres
    Property size
    24,800 SF
    Zone code
    10-CR
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    20-01911
    APU
    2001911

    Description

    This exceptional 24,300 square foot multi-tenant building, located at 5122 Heatherdowns Blvd in Toledo, Ohio, presents a unique investment opportunity. Originally constructed in 1974 and extensively renovated in 2009, the property boasts a blend of medical office and specialty retail space, perfectly suited for a variety of businesses. Situated in Lucas County, the building's convenient location offers excellent visibility and accessibility. Currently, there are 1,500 square feet of office space and 1,200 square feet of retail space immediately available for lease. The building's substantial size and adaptable layout provide ample room for expansion or customization to meet specific tenant needs. This property represents a strong investment in a thriving Toledo market, offering a blend of established infrastructure and modern amenities. The building's history of successful tenancy speaks to its desirability and potential for continued growth. Interested parties are encouraged to inquire about lease terms and availability for the currently vacant spaces. The property's strategic location within Lucas County, coupled with its versatile design, makes it an ideal choice for businesses seeking a prominent presence in the Toledo area. This is a rare opportunity to acquire a well-maintained and strategically located commercial property in a high-demand market. The 43614 zip code offers easy access to major transportation routes and a diverse range of amenities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,983,000
      Market price range: $713k - $2.62M
      AI Estimate
      $1,044,000
      Market price range: $382k - $1.52M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,750,000
      Current use
      MEDICAL BUILDING
      $1,835,000
      Change: +5% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,790,000
      Change: +2% Conversion: Difficult
      RETAIL STORES
      $1,610,000
      Change: -8% Conversion: Easy
      OFFICE BUILDING
      $1,570,000
      Change: -10% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,510,000
      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
    -83.6631
    Latitude
    41.5952
    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
    $34,907
    $131,495
    $243,985
    $375,480
    -
    $375,700
    $697,100
    $1,072,800
    View Listing
    More about this property
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