Financial
Distress signals
Property profile

5325 Airport Hwy Toledo, OH 43615

FOR LEASE
Community centers
Property ID
US66-0171636
126,732 SF 15.98 ac lot Built 1986
Last sale Jan 2024 · $11,909,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Airport Square Retail Shopping Center is a retail shopping center totaling 187,282 square feet of gross leasable area on a site covering more than 20 acres at 5325 Airport Highway in Toledo, Ohio. The property is positioned on the southwest corner of Airport Highway and S. Reynolds Road and provides multiple full-movement curb cuts, with additional signalized access through the Lowe's shopping center to the west. Vehicular traffic levels reported in site records exceed 55,000 vehicles per day.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$238k
Tax billed · 2023
Assessed value$2.19M
Assessed land$704k
Assessed improvement$1.49M
Effective rate10.87%

Value estimate

· Sep 2026
$11.91M
$10.72M – $13.10M
AI approach$11.91M
CAP approach$14.85M
Sales comparison$11.98M
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 83,400.00% cap applied$10k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$29 – $106

Cap rate analysis

How does the asset earn?
83,400.00%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
10-CRSO
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.5
Restaurant26.5
Wholesale Shop20.2

Location

5325 Airport Hwy Toledo, OH 43615
County assessor Recorded deeds · 8 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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