Large Location Icon

540 Independence Rd; Toledo, OH Property Details

540 Independence Rd, Toledo, OH is a Retail Stores that was built in 1958. This property is currently Financed and is not for sale. Our records show that 540 Independence Rd has a total of 16,467 square feet. The lot size of 540 Independence Rd is 616,810 square feet.

Off market
540 Independence Rd Toledo, OH 43607
$354,725 Estimated Value
16,467 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1958
  • Purchase Price: $495,000
  • Open Loans / Balance: 2 / $388,094
  • APN: 20-04781
  • Situs County: Lucas
  • Length Of Ownership: 2 years

Structure

  • Stories: 1
  • Building Quality: B
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 16,467/SqFt
  • Lot: 616,810/SqFt
  • Gross: 16,467/SqFt
  • Living: 16,467/SqFt
  • Building: 16,467/SqFt
  • Ground: 16,467/SqFt
  • Price Per Square Foot: $30.06

Legal Description

  • Description: 3 6 SE 1/4 W 950 FT N 672.50 FT EXC S126.50 FT W 157.82 F
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Toledo City School District
  • Lat / Lon: 41.64465 / -83.633896
  • Property Class: Commercial
  • Zoning: 10-RS6
  • County Use Code: 469

Amenities

  • Plus Four: 2650

Ownership Info

540 Independence Rd has no associated ownership info
540 Independence Rd has no associated ownership info.

Taxes

540 Independence Rd has 10 associated Taxes items

540 Independence Rd, Toledo, OH pays taxes in Lucas County, OH. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $354,725. The APN we've located for 540 Independence Rd is 20-04781.

Unlock the full report
Taxes
  • Assessed Value:  $354,725
  • Assessed Year:  2025
  • Assessed County:  Lucas
  • APN:  20-04781
  • Assessed Land Value:  111370
  • Market Land Value:  318200
  • Tax Amount:  37962.91
  • Tax Year:  2025
  • Market Value:  1013500
  • Market Year:  2025

Tax History

540 Independence Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $354,725 Land Value $111,370 Improvement Value $243,355 Tax Amount $37,962.91 Change Rate +0.144735% Assessed CR Tax Rate +0.107021%
Year 2024 Assessed Value $354,725 Land Value $111,370 Improvement Value $243,355 Tax Amount $33,163.06 Change Rate +1.143597% Assessed CR Tax Rate +0.093489%
Year 2023 Assessed Value $149,100 Land Value $109,130 Improvement Value $39,970 Tax Amount $15,470.75 Change Rate -0.790595% Assessed CR Tax Rate +0.103761%
Year 2022 Assessed Value $149,100 Land Value $109,130 Improvement Value $39,970 Tax Amount $73,879.41 Change Rate +0.056627% Assessed CR Tax Rate +0.495502%
Year 2021 Assessed Value $149,100 Land Value $109,130 Improvement Value $39,970 Tax Amount $69,920.05 Change Rate +3.230876% Assessed CR Tax Rate +0.468947%
Year 2020 Assessed Value $147,000 Land Value $107,590 Improvement Value $39,410 Tax Amount $16,526.14 Change Rate +0.798652% Assessed CR Tax Rate +0.112423%
Year 2019 Assessed Value $147,000 Land Value $107,590 Improvement Value $39,410 Tax Amount $9,188.07 Change Rate -0.002215% Assessed CR Tax Rate +0.062504%
Year 2018 Assessed Value $147,000 Land Value $107,590 Improvement Value $39,410 Tax Amount $9,208.47 Change Rate +0.212482% Assessed CR Tax Rate +0.062643%
Year 2017 Assessed Value $140,000 Land Value $101,500 Improvement Value $38,500 Tax Amount $7,594.73 Change Rate -0.509439% Assessed CR Tax Rate +0.054248%
Year 2016 Assessed Value $400,000 Land Value $290,000 Improvement Value $110,000 Tax Amount $15,481.73 Change Rate +5.671865% Assessed CR Tax Rate +0.038704%
Year 2015 Assessed Value $400,000 Land Value $290,000 Improvement Value $110,000 Tax Amount $2,320.45 Change Rate Assessed CR Tax Rate +0.005801%
Year 2014 Assessed Value $140,000 Land Value $101,500 Improvement Value $38,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $140,000 Land Value $101,500 Improvement Value $38,500 Tax Amount Change Rate Assessed CR Tax Rate