3952 Jackman RdToledo, OH 43612

Property Details for 3952 Jackman Rd

Year built

1992

Lot size

0.53 AC

Property size (Sq ft)

860 SF

Zone code

10-CR

Property type

Retail properties

Property subtype

Other automotive properties

APN

05-15007

APU

515007

Description

This 800-square-foot retail property, situated on a 0.53-acre lot at the busy intersection of Jackman and Sylvania Roads, presents a unique investment opportunity. Previously operating successfully as both a car dealership and a vape/tobacco shop, this single-tenant building boasts a fresh coat of white exterior paint. Its prime location ensures high visibility and accessibility for customers. The property's versatile nature makes it suitable for a variety of businesses, particularly those in the automotive or specialty retail sectors. The building's size is ideal for a smaller-scale operation, offering a manageable footprint with significant potential for growth. The previous success of both a car dealership and a vape shop demonstrates the location's strong commercial viability. Flexible terms are available, making this an attractive proposition for discerning investors seeking a well-located, ready-to-occupy commercial space. The property's recent exterior refresh enhances its curb appeal and presents a clean, modern image to potential customers. Serious inquiries are encouraged to explore this exceptional opportunity. Don't miss out on this chance to acquire a highly visible and well-positioned retail space in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $216,416

  6.5%

  $199,768

  7%

  $185,499

• Comparable approach

  Method

  Valuation

  Relative Method

  $202,720

  Geo Method

  $202,720

• Alternative Use

  Use

  Valuation

  Residential

  $168,512

  Hospitality

  $154,356

  Educational

  $128,423

  Medical

  $132,839

  Retail

  $199,768

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.692

Longitude

-83.5844

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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