4250 Alexis RdToledo, OH 43623

Property Details for 4250 Alexis Rd

Lot size

0.27 AC

Zone code

10-CR

Property type

Retail space

APN

23-64001

APU

2364001

Description

This exceptional 6,000 square foot single-tenant retail space at 4250 W. Alexis Rd. in Lucas County presents a prime opportunity for businesses seeking high visibility and accessibility. The property boasts a versatile layout adaptable to a wide range of retail or commercial uses, allowing for efficient floor planning and streamlined operations. Ample on-site parking with 41 spaces ensures convenience for both customers and employees. The expansive storefront windows maximize natural light and provide excellent brand exposure. The customizable interior spaces allow tenants to create an environment perfectly suited to their specific business needs and product displays. The property's strategic location in Toledo guarantees high foot traffic and easy access, creating an optimal environment for attracting a substantial customer base. The modern exterior and professional appearance contribute to a welcoming and dynamic atmosphere. This is an ideal location for businesses seeking a prominent and adaptable space to engage their target audience. The entire 6,000 square feet is currently vacant, offering immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,324,600

  6.5%

  $2,145,790

  7%

  $1,992,510

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,164,070

  Geo Method

  $1,164,070

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,163,160

  Mixed-Use / Specialty

  $2,146,750

  Hospitality / Lodging

  $1,586,230

  Office

  $2,142,980

  Institutional / Educational

  $2,234,840

  Residential Income

  $2,614,760

  Multifamily

  $3,088,220

  Automotive / Energy

  $1,915,580

  Parking / Income-Based Land

  $652,527

  Restaurant / Food Service

  $1,134,940

  Healthcare / Senior Housing

  $2,192,620

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.7206

Longitude

-83.6456

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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