1131 Alexis RdToledo, OH 43612

Property Details for 1131 Alexis Rd

Year built

1971

Lot size

0.38 AC

Property size (Sq ft)

4,750 SF

Zone code

10-CR

Property type

Retail properties

Property subtype

Retail space

APN

23-04151

APU

2304151

Description

This exceptional 4,750-square-foot retail space is ideally situated at 1131 W Alexis Rd in Toledo, Ohio, offering unparalleled visibility and accessibility. Located on a 0.381-acre lot, this single-tenant property boasts ample parking with 20 spaces available for customers and employees. Built in 1971, the building is a single-story structure with a 200-amp power supply, ensuring sufficient power for a variety of retail businesses. The property is currently vacant, presenting a unique opportunity for a new tenant to establish their presence in a thriving commercial area. The zoning designation is CR – Regional Commercial, allowing for a wide range of retail uses. The property's address is 1131 W Alexis Rd, Toledo, OH 43612, with a convenient cross street of Opportunity Drive. The Lucas County Assessor's Parcel Number (APN) is 04151:03919010. This location offers significant potential for businesses seeking high visibility and convenient access for customers. The entire 4,750 square feet is available for lease, providing a substantial space for a variety of retail concepts. The property's strategic location and ample parking make it an attractive option for businesses looking to establish a strong presence in the Toledo market. This is a rare opportunity to secure a prime retail space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,195,320

  6.5%

  $1,103,372

  7%

  $1,024,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,119,674

  Geo Method

  $1,119,674

• Alternative Use

  Use

  Valuation

  Residential

  $930,736

  Hospitality

  $852,549

  Educational

  $709,311

  Medical

  $733,705

  Retail

  $1,103,372

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.7211

Longitude

-83.5697

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].