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Financial
Distress signals
Property profile

5860 Lewis Ave Toledo, OH 43612

OFF-MARKET
Community centers
Property ID
US66-2951811
220,318 SF 14.32 ac lot Built 1968
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail shopping center known as the Toledo Shopping Center, containing approximately 206,000 square feet of commercial space. The overall scale supports a substantial multi-tenant retail configuration within a single shopping center asset.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$100k
Tax billed · 2023
Assessed value$1.02M
Assessed land$262k
Assessed improvement$754k
Effective rate9.85%

Value estimate

· Oct 2026
$1.09M
$981k – $1.20M
Submarket $/SF estimate$4.41M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
10-CRSO
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.1
Realty agency19.4
Hair Salon14.2

Location

5860 Lewis Ave Toledo, OH 43612-4343
County assessor Recorded deeds · 1 transfer Qualifying 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

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $5,180,000
    110,231 SF
    833 Alexis Rd
    MINI-MALL
    833 Alexis Rd, Toledo, OH 43612-4303
    View Details
  • Value Estimation
    $2,515,000
    105,654 SF
    817 Alexis Rd
    MINI-MALL
    817 Alexis Rd, Toledo, OH 43612-4303
    View Details
  • Value Estimation
    $8,720,000
    90,507 SF
    821 Alexis Rd
    MINI-MALL
    821 Alexis Rd, Toledo, OH 43612-4393
    View Details
  • Value Estimation by Request
    19,520 SF
    309-337 Alexis Rd
    Lifestyle centers
    309-337 Alexis Rd, Toledo, OH 43612
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    188,500 SF
    Anchored Retail Shopping Center
    Anchored shopping center on 27.8 acres with a signalized access point and an available pad site for expansion.
    5827 Lewis Ave, Toledo, OH 43612
    View Details
  • New
    Contact for pricing
    27,703 SF
    Multi-Tenant Retail Building
    Multi-tenant retail building anchored by Dollar Tree and Rainbow Shops, with multiple access points and pylon signage.
    920 West Alexis Road, Toledo, OH 43612
    View Details
  • New
    Contact for pricing
    19,520 SF
    Retail Space For Sale
    Retail space available for purchase.
    309-337 Alexis Road, Toledo, OH 43612
    View Details
  • Contact for pricing
    6,030 SF
    Freestanding Retail Office Building
    Freestanding retail/office building with parking and a drive-up lane, formerly used as a bank.
    1033 West Sylvania Avenue, Toledo, OH 43612
    View Details
  • $350,000
    Retail Building with Large Lot
    For-sale retail building with 2,000+ square feet and an over-acre lot for parking and potential expansion.
    5205 Telegraph Rd, Toledo, OH 43612
    View Details
  • New
    Contact for pricing
    Signalized Intersection Retail Center
    Anchored by Lowe’s with signalized access and strong daily traffic at a major intersection.
    1120 West Alexis Road, Toledo, OH 43612
    View Details

Similar Nearby for Lease

  • New
    $13 SF/Yr
    Visible Retail Space in Northstar Plaza
    Retail space with high visibility and strong co-tenants.
    5737 Lewis Avenue, Toledo, OH 43612
    View Details
  • Contact for pricing
    14,190 sqft
    Freestanding Commercial Building in Toledo
    14,190 SF commercial building on 2.25 acres for lease.
    130 New Towne Square Dr, Toledo, OH 43612
    View Details
  • New
    Contact for pricing
    Strip Center at Signalized Corner
    Signalized intersection access places this Toledo retail property among established retailers and residential neighborhoods.
    1640 W. Sylvania Ave, Toledo, OH 43612
    View Details
  • Contact for pricing
    10,530 sqft
    Two-Story Office Building
    Two-story office building with a banking-ready layout and flexible top-floor space for office or residential use.
    1033 West Sylvania Avenue, Toledo, OH 43612
    View Details
  • New
    Contact for pricing
    1,453 sqft
    Retail or Office Corner Space
    Corner retail/office space is available for lease with strong visibility and over 40 on-site parking spaces.
    4020 Jackman Rd, Toledo, OH 43612
    View Details
  • Contact for pricing
    1,120 sqft
    Anchored Retail Shopping Center
    Multi-tenant retail center with established occupancy, prominent signage, and access from two major roadways.
    920 W Alexis Rd, Toledo, OH 43612
    View Details
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