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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Strip malls
5960 Angola Rd, Toledo, OH 43615-6380
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-1809149
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Total area
10,800 SF
Lot
1.59 ac (69,171 SF)
Zoning code
10-CN
APN
26-81041
UPID
US66-1809149
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
-
Tree City Catering Take-out & Catering Catering Service
-
Refined Gaming LLC (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
RyotinCCG (Bike/Boat/Book/etc) Store
-
Otis Elevator Company Production Facility
-
United Technologies Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$904k
Blend (final)
Blend
$1.11M
Owner & transaction history
Jtm Brooke Park Ltd · 4 yrs held
Jtm Brooke Park Ltd
since 2022
3 recorded transactions
Zoning & alternative use
10-CN · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+123.8%
Retail stores
$885,000
+16.5%
Medical building
$800,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,370,000
6.5%
$1,265,000
7%
$1,175,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$760,000
Current use
RESTAURANT
$1,705,000
Change: +124% · Conversion: Difficult
RETAIL STORES
$885,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$800,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$780,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10%
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
$103 / 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
$13,807
Tax year 2023
Assessed value
$165,375
Assessed 2023
Previous assessed
$165,375
+0.0% YoY
Effective rate
8.35%
On assessed value
Assessed land
$52,115
Assessed improvement
$113,260
Land market value
$148,900
Improvement market value
$323,600
Total market value
$472,500
Applied tax rate
26.0000
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
2001
Heating
NONE
Stories
1
Total area
10,800 SF
Lot
1.59 ac (69,171 SF)
Zoning code
10-CN
APN
26-81041
UPID
US66-1809149
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
$760,000
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$885,000
MEDICAL BUILDING
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$780,000
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
2001
Heating
NONE
Stories
1
Lot
1.59 ac
Current owner
From public records · entity-resolved
Jtm Brooke Park Ltd
Individual
Mailing address
3455 BRIARFIELD BLVD STE B, MAUMEE, OH 43537-8933
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
—
Jtm Brooke Park Ltd
—
Deed
related
$1,275,000 · The Citizens National Bank Of Bluffton
—
—
Jtm Brooke Park Ltd
—
Deed Of Trust
related
$1,000,000 · Fifth Third Bank
—
—
Jtm Brooke Park Ltd
—
Deed Of Trust
related
$250,000 · Fifth Third Bank
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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