525 SpencerToledo, OH 43609

  • Retail space
  • 6,581 SF
Off market
$759,230 Estimated

Property Details for 525 Spencer

Year built
1929
Lot size
0.08 AC
Property size (Sq ft)
6,581 SF
Zone code
10-CR
Property type
Retail space
APN
15-40727
APU
1540727

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,278,470
    6.5%
    $1,180,130
    7%
    $1,095,830
  • Comparable approach

    Method
    Valuation
    Relative Method
    $640,210
    Geo Method
    $640,210
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,289,630
    Mixed-Use / Specialty
    $1,180,660
    Hospitality / Lodging
    $872,385
    Office
    $1,178,580
    Institutional / Educational
    $1,229,110
    Residential Income
    $1,438,050
    Multifamily
    $1,698,450
    Automotive / Energy
    $1,053,520
    Parking / Income-Based Land
    $358,873
    Restaurant / Food Service
    $624,187
    Healthcare / Senior Housing
    $1,205,880

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.63
Longitude
-83.5742
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,332
$665
$21,665
$22,330
-
$1,900
$61,900
$63,800

FAQs

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