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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Strip malls
5357 Dorr St Toledo, OH 43615-3633
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0242032
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1959
Total area
38,386 SF
Lot
4.26 ac (185,429 SF)
Zoning code
10-MX
APN
20-12184
UPID
US66-0242032
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Family Fitness Gym & Fitness Center
-
Skillz Internet Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
Td Shops LLC · 4 yrs held
Td Shops LLC
since 2022
Last sale
$950,000
6 recorded transactions
Zoning & alternative use
10-MX · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$820,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $950k (Jul 15 2022)
Last sale anchor
$950k
Jul 15 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$24 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,291
Tax year 2023
Assessed value
$334,915
Assessed 2023
Previous assessed
$334,915
+0.0% YoY
Effective rate
9.64%
On assessed value
Assessed land
$112,070
Assessed improvement
$222,845
Land market value
$320,200
Improvement market value
$636,700
Total market value
$956,900
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1959
Heating
NONE
Stories
1
Total area
38,386 SF
Lot
4.26 ac (185,429 SF)
Zoning code
10-MX
APN
20-12184
UPID
US66-0242032
Jurisdiction
LUCAS
Zoning & alternative use
10-MX · Toledo, OH
Zoning 10-MX · permitted uses
10-MX · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Stories
1
Lot
4.26 ac
Current owner
From public records · entity-resolved
Td Shops LLC
Entity
Mailing address
29777 TELEGRAPH RD STE #2631, SOUTHFIELD, MI 48034-7651
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2022
$950,000
Td Shops LLC
Dorr Plaza INC
Warranty Deed
$655,000 · The Farmers & Merchants State Bank
Oct 2, 2012
—
Dorr Plaza INC
Dorr Plaza LLC
Quit Claim Deed
—
—
—
Dorr Plaza LLC
—
Deed Of Trust
related
$2,840,000 · United Bank & Trust Co
—
—
Dorr Plaza INC
—
Deed Of Trust
related
$900,000 · Waterford Bank NA
—
—
Dorr Plaza LLC
—
Deed Of Trust
related
$190,000 · United Bank & Trust Co
—
—
Dorr Plaza LLC
—
Deed Of Trust
related
$1,820,000 · United Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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