5762 Central Ave Toledo, OH 43615
Property Lookup
Property profile & analytics
5762 Central Ave Toledo, OH 43615
- Automotive properties
- 0.93 lot acres
Property ID
US66-0912675
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.
Location Intelligence
Current Use by Public Records
- WhiteWater Express Car Wash / Car Wash
Property Details for 5762 Central Ave
- Lot size
- 0.93 lot acres
- Zone code
- 20-C2
- Property type
- Automotive properties
- APN
- 78-54155
- APU
- 7854155
Description
This exceptional investment opportunity presents a 3,756 square foot WhiteWater Express Car Wash located at 5762 Central Ave, Toledo, OH 43615. The property sits on a 0.93-acre lot and is currently operating at 100% occupancy under a 20-year NNN lease, commencing December 1, 2023, and expiring November 30, 2043. With 19 years remaining, this lease provides significant long-term stability and income generation. The current annual net operating income (NOI) is $303,750, representing a 6.25% capitalization rate. The lease includes annual rental increases of 1.25%, providing a hedge against inflation. Further enhancing the investment's security is a corporate guarantee from WhiteWater Express Car Wash, a company with over 100 locations across multiple states. Built in 2023, this property is eligible for 15-year accelerated depreciation and bonus depreciation, offering potential tax advantages. This is a rare opportunity to acquire a high-performing, well-located car wash with a strong tenant and a substantial remaining lease term. The property's strong financials, coupled with the long-term lease and corporate guarantee, make it an attractive investment for discerning buyers seeking stable, passive income. This is a turnkey investment with minimal management requirements.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,545,000
- ML approach
- $4,545,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6799
- Latitude
- 41.6769
- 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
$13,194
$70,595
$55,685
$126,280
-
$201,700
$159,100
$360,800
