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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Strip malls
5444 Airport Hwy Toledo, OH 43615-7394
Entity Owned
~
Est. High Equity
Property ID
US66-2290389
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Total area
12,150 SF
Lot
1.46 ac (63,554 SF)
Zoning code
10-CN
APN
20-31980
UPID
US66-2290389
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
-
Touch A Dream Dance Studio Training Center
-
The Beauty Trap Hair Salon Nail Salon
-
365 Staffing Employment Agency
-
Thee Skincare Diva Hair Salon Nail Salon
-
G&M Healthcare Services Llc Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.25M
Owner & transaction history
Wgsd LLC
Wgsd LLC
since 2026
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
10-CN · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+123.8%
Retail stores
$1.0M
+16.5%
Medical building
$900,000
+5.0%
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
$845,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
$1,540,000
6.5%
$1,425,000
7%
$1,320,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$855,000
Current use
RESTAURANT
$1,915,000
Change: +124% · Conversion: Difficult
RETAIL STORES
$1,000,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$900,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.25M (Jan 13 2026)
Last sale anchor
$1.25M
Jan 13 2026
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
$102 / 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
$19,549
Tax year 2023
Assessed value
$209,650
Assessed 2023
Previous assessed
$209,650
+0.0% YoY
Effective rate
9.32%
On assessed value
Assessed land
$28,280
Assessed improvement
$181,370
Land market value
$80,800
Improvement market value
$518,200
Total market value
$599,000
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
1985
Heating
NONE
Stories
1
Total area
12,150 SF
Lot
1.46 ac (63,554 SF)
Zoning code
10-CN
APN
20-31980
UPID
US66-2290389
Jurisdiction
LUCAS
Zoning & alternative use
10-CN · Toledo, OH
Zoning 10-CN · permitted uses
10-CN · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$855,000
RESTAURANT
Est. value
$1.9M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Wgsd LLC
Entity
Mailing address
150 GREAT NCK RD STE #404, GREAT NECK, NY 11021-3309
Ownership since
2026
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
Jan 13, 2026
$1,250,000
Wgsd LLC
Century Plaza Toledo LLC
Warranty Deed
$1,550,000 · The Farmers & Merchants State Bank
Oct 3, 2022
$975,000
Century Plaza Toledo LLC
Century Plaza Ltd
Limited Warranty Deed
$780,000 · Peoples Bank Of Kankakee County
Jun 16, 2020
—
Century Plaza Ltd
—
Deed
related
$362,447 · Buckeye St Bk
—
—
Century Plaza Ltd
—
Loan Modification
related
$426,427 · Bank Of Maumee
—
—
Century Plaza Ltd
—
Loan Modification
related
$362,447 · Buckeye St Bk
—
—
Century Plaza Ltd
—
Deed Of Trust
related
$400,000 · Bank Of Maumee
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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