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    5001 Monroe St Toledo, OH 43604

    For Sale
    Contact for pricing

    Two-story, 186,883 SF department store attached to Franklin Park Mall.

    Property size:
    186,883 SF
    Lot size:
    20.20 Acres

    Property Features for 5001 Monroe St

    General Information

    Size
    186,883 SF
    Lot size
    20.20 Acres

    Source: Hanna Commercial Real Estate | Cleveland Agent Tony Visconsi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Franklin Park Mall Department Store

    Available for sale is a 186,883 square-foot, two-story department store attached to Franklin Park Mall. The first floor comprises 93,725 square feet, while the second floor offers 93,158 square feet. The property includes a 20.566-acre parcel with access from all sides of the mall. A two-level parking garage provides 302 parking spaces with access to both the first and second floors of the Macy’s and Dillard’s building. The property features approximately 1,286 feet of frontage with two traffic lights on Tallmadge Road. Neighboring tenants include Dick’s Sporting Goods, Dillard’s, JCPenney, Kohl’s, Cinemark, Burlington, and Petco.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maurices Women'S Clothing Store Buckle Shoe Store American Eagle & Aerie ... Clothing Store Spencers T-Shirt Store Ticknors Men's Clothier ... Men'S Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6444401
    Latitude
    41.6973475

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    FAQs

    What type of property is this?
    Shopping mall - Two-story, 186,883 SF department store attached to Franklin Park Mall.
    Where is this shopping mall located?
    The property is located at 5001 Monroe St Toledo, OH.
    What are key features of this property?
    This property features: - Large 186,883 SF two-story building attached to Franklin Park Mall.; - Significant 20.566 acre land parcel with access from all sides.; - Two-level parking garage with 302 spaces and direct access to both floors.
    (216) 861-7200
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    5001 Monroe St Toledo, OH 43604
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    Toledo, OH 43604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5001 Monroe St Toledo, OH 43604
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