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Property profile & analytics
OFF-MARKET
Estimated value
$2,675,000
Strip malls
5805 Telegraph Rd Toledo, OH 43612
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-1570626
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Total area
25,440 SF
Lot
3.8 ac (165,528 SF)
Zoning code
10-CR
APN
22-01210
UPID
US66-1570626
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.12M
CAP Approach
CAP
$2.98M
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.68M
Owner & transaction history
Rnw Alexis LLC · 5 yrs held
Rnw Alexis LLC
since 2021
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
10-CR · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+123.8%
Medical building
$1.9M
+5.0%
Auto repair, garage
$1.9M
+3.2%
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
$2,345,000
ML approach
$2,115,000
CAP Approach
CAP Return
Estimation
6%
$3,230,000
6.5%
$2,980,000
7%
$2,765,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,795,000
Current use
RESTAURANT
$4,015,000
Change: +124% · Conversion: Difficult
MEDICAL BUILDING
$1,885,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,850,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$1,610,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$2.68M
Range $2.41M – $2.94M · ±10% · vs last sale $2.96M (Jun 17 2021)
Last sale anchor
$2.96M
Jun 17 2021
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
$105 / 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
$69,185
Tax year 2023
Assessed value
$700,000
Assessed 2023
Previous assessed
$700,000
+0.0% YoY
Effective rate
9.88%
On assessed value
Assessed land
$133,315
Assessed improvement
$566,685
Land market value
$380,900
Improvement market value
$1,619,100
Total market value
$2,000,000
Applied tax rate
22.0000
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
25,440 SF
Lot
3.8 ac (165,528 SF)
Zoning code
10-CR
APN
22-01210
UPID
US66-1570626
Jurisdiction
LUCAS
Zoning & alternative use
10-CR · Toledo, OH
Zoning 10-CR · permitted uses
10-CR · 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
$1.8M
RESTAURANT
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
3.8 ac
Current owner
From public records · entity-resolved
Rnw Alexis LLC
Entity
Mailing address
11327 REEDER RD, DALLAS, TX 75229-3408
Ownership since
2021
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
Sep 2, 2021
—
Rnwalexis LLC
—
Deed
related
$1,861,250 · Western Grantor Trust
Jun 17, 2021
$2,962,500
Rnw Alexis LLC
Rci 5805 Holdings LLC
Warranty Deed
$2,000,000 · Eastern Atlantic Ventures LLC
Jul 10, 2020
—
Rci 5805 Holdings LLC
—
Deed
related
$2,400,000 · Eastern Atlantic Ventures LLC
Jul 7, 2020
$1,400,000
Rci 5805 Hldgs LLC
Alex-tela INC
Warranty Deed
—
Mar 31, 2005
—
Alex-tela INC
—
Deed Of Trust
related
$1,500,000 · Sky Bank
—
—
Rci 5805 Holdings LLC
—
Deed Of Trust
related
$2,400,000 · Eastern Atlantic Ventures LLC
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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