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Property profile & analytics
OFF-MARKET
Estimated value
$13,970,000
Outlet malls
7000 Central Ave Toledo, OH 43617-1115
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-2030994
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2002
Total area
137,081 SF
Lot
12.71 ac (553,788 SF)
Zoning code
20-C2
APN
79-73227
UPID
US66-2030994
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
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
-
Lowe's ProServices Building Supply Industrial Manufacturer
-
Lowe's Home Improvement Building Supply Hardware & Home Improvement
-
Lowe's Garden Center Garden Center
-
Installation Services General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.39M
CAP Approach
CAP
$13.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.97M
Owner & transaction history
Ssa Toledo LLC · 3 yrs held
Ssa Toledo LLC
since 2023
Last sale
$13.5M
4 recorded transactions
Zoning & alternative use
20-C2 · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$21.6M
+143.1%
Medical building
$10.2M
+14.1%
Auto repair, garage
$9.9M
+11.1%
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
$15,180,000
ML approach
$9,390,000
CAP Approach
CAP Return
Estimation
6%
$14,895,000
6.5%
$13,750,000
7%
$12,770,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,900,000
Current use
RESTAURANT
$21,630,000
Change: +143% · Conversion: Easy
MEDICAL BUILDING
$10,155,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,890,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,665,000
Change: +9% · Conversion: Moderate
OFFICE BUILDING
$8,690,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$13.97M
Range $12.57M – $15.37M · ±10% · vs last sale $13.48M (Mar 22 2023)
Last sale anchor
$13.48M
Mar 22 2023
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
$102 / 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
$232,765
Tax year 2023
Assessed value
$2,229,325
Assessed 2023
Previous assessed
$2,229,325
+0.0% YoY
Effective rate
10.44%
On assessed value
Assessed land
$678,370
Assessed improvement
$1,550,955
Land market value
$1,938,200
Improvement market value
$4,431,300
Total market value
$6,369,500
Applied tax rate
79.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
137,081 SF
Lot
12.71 ac (553,788 SF)
Zoning code
20-C2
APN
79-73227
UPID
US66-2030994
Jurisdiction
LUCAS
Zoning & alternative use
20-C2 · Toledo, OH
Zoning 20-C2 · permitted uses
20-C2 · 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
RETAIL STORES Current
Est. value
$8.9M
RESTAURANT
Est. value
$21.6M
MEDICAL BUILDING
Est. value
$10.2M
AUTO REPAIR, GARAGE
Est. value
$9.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.7M
OFFICE BUILDING
Est. value
$8.7M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Heating
NONE
Stories
1
Lot
12.71 ac
Current owner
From public records · entity-resolved
Ssa Toledo LLC
Entity
Mailing address
285 W MAIN ST, SAYVILLE, NY 11782-2540
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
—
Ssa Toledo LLC
—
Deed
related
$6,750,000 · Wellsfargobankna
Mar 22, 2023
$13,475,000
Ssa Toledo LLC
Srk Sylvania Spe LLC
Limited Warranty Deed
$7,500,000 · Safra National Bank Of New York
Nov 29, 2012
—
Srk Sylvania Spe LLC
Srk Sylvania Associates LLC
Quit Claim Deed
related
$6,600,000 · Key Bank NA
Aug 22, 2003
$4,921,300
Srk Sylvania Associates LLC
Srk Sylvania Associates LLC
Quit Claim Deed
related
—
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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