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Property profile & analytics
OFF-MARKET
Automotive properties

633 Reynolds Rd Toledo, OH 43615-6313

1.55 ac lot
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-1086548
Property summary
AI-generated overview

This exceptional turnkey opportunity presents the chance to acquire a thriving, newly constructed (2023) car wash facility in Toledo, Ohio. Located on a 1.58-acre lot on South Reynolds Road, a high-traffic area with over 28,000 vehicles daily, this 4,983 square foot facility boasts 28 vacuum stations and state-of-the-art equipment. The property's prime location serves a dense population: approximately 30,000 residents within a 2-mile radius and 179,000 within 5 miles. This owner-user opportunity includes both the business and the underlying real estate, eliminating the complexities of zoning, building, and site planning. The property offers significant tax advantages through bonus depreciation. Toledo's robust economy, driven by manufacturing, healthcare, and logistics, further enhances this investment's potential. This is a rare chance to acquire a profitable, established business with significant growth potential in a thriving market. The property's APN is 03-50311. The asking price is $6,300,000.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Lot 1.55 ac (67,387 SF)
Zoning code 10-CR
APN 03-50311
UPID US66-1086548
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
  • Sparkle K's Luxury Auto Spa Car Wash
  • Integrity Car Rentals, LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Peggys Place IV LLC · 4 yrs held
Peggys Place IV LLC
since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2021
$350,000
2018
$300,000
2018
Price N/A
2004
$410,000
1969
Price N/A
Zoning & alternative use
10-CR · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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