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    550 N Summit St Toledo, OH 43604

    For Lease
    $18 SF/Yr

    Northwest Ohio's preeminent office tower with modern design features.

    Property size:
    125,000 SF
    Lot size:
    5.99 Acres

    Property Features for 550 N Summit St

    General Information

    Size
    125,000 SF
    Lot size
    5.99 Acres

    Source: Reichle | Klein Group Agent Michael Abernathy

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

    Overview

    Premier Office Tower with Views

    One SeaGate is a prominent office tower in Northwest Ohio, offering tenants workspaces with modern design features. The building provides views of downtown Toledo, the Maumee River, the Veteran’s Skyway Memorial Bridge, and Lake Erie. The property offers 125000 square feet of office space.
    Location Intelligence

    Current Use by Public Records

    Fifth Third Mortgage ... Mortgage Lender Fifth Third Mortgage ... Mortgage Lender Toledo Lawyer - Thomas ... Attorney Eastman & Smith Ltd. Law Firm Reichle | Klein Group Property Management Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.531195
    Latitude
    41.653793

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    FAQs

    What type of property is this?
    Office building - Northwest Ohio's preeminent office tower with modern design features.
    Where is this office building located?
    The property is located at 550 N Summit St Toledo, OH.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Preeminent office tower and cornerstone of the Toledo skyline.; - Sweeping views of downtown Toledo, the Maumee River, Veteran’s Skyway Memorial Bridge, and Lake Erie.; - Ability to create fresh workspaces with modern design features.
    (419) 861-1100
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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
    550 N Summit St Toledo, OH 43604
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