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    5235 N Summit St Toledo, OH 43611

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    5235 N Summit St Toledo, OH 43611


    • Strip malls
    • 20,454 SF
    • 2.02 lot acres
    Retail Space in Toledo Hub For Lease
    $780,000

    Retail Space in Toledo Hub

    Retail space in a bustling Toledo retail and dining hub.

    5235 N Summit St, Toledo, OH 43611
    View Listing
    Property ID
    US66-0080991
    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
    $780,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pizza Hut / Take-out & Catering
    • Dollar General / Grocery & Convenience Store / Food Market

    Property Details for 5235 N Summit St

    Year built
    1950
    Lot size
    2.02 lot acres
    Property size
    20,454 SF
    Zone code
    10-CR
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    18-56461
    APU
    1856461

    Description

    This Toledo, Ohio retail property at 5235 N Summit St offers 23,661 square feet of space, with 14,023 square feet currently vacant. The property is a multi-tenant storefront building situated on a 1.15-acre lot and includes 51 parking spaces. Divisible units range from a minimum of 1,080 square feet to a maximum contiguous space of 8,558 square feet, providing flexibility for various retail businesses. The building features large storefront windows, allowing for abundant natural light and high visibility from the street. Its contemporary design and well-maintained exterior create a professional and inviting atmosphere. The property's strategic location in Toledo, Ohio, zip code 43611, ensures high traffic volume and excellent exposure for tenants. This adaptable space is ideal for businesses seeking a prominent location with ample parking and a versatile layout to suit their specific needs. The property is ready for immediate occupancy, presenting a unique opportunity for growth and success in a thriving commercial district.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $565,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $623,000
      Market price range: $410k - $1.35M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,295,000
      COMMERCIAL (GENERAL)
      $1,245,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.4798
    Latitude
    41.7171
    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
    $23,437
    $77,665
    $171,255
    $248,920
    -
    $221,900
    $489,300
    $711,200
    View Listing
    More about this property
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