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    5580 Monroe St Sylvania, OH 43560

    For Sale
    $2,616,000

    30,596 SF office building, 100% occupied by service-based tenants.

    Property size:
    30,596 SF
    Lot size:
    2.39 Acres

    Property Features for 5580 Monroe St

    General Information

    Size
    30,596 SF
    Lot size
    2.39 Acres

    Source: Encore Real Estate Investment Services Agent Kaleb Rupp

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

    Overview

    Class A Office Building

    The property at 5580 Monroe Street is a 30,596 square foot office building. It is fully occupied by a mix of service-based office tenants, including attorneys, developers, and an accounting firm that occupies 45% of the building. The building features Class A finishes. All tenants have renewed their leases multiple times, including a significant investment in their space by GBQ.
    Insight Report Location Intelligence

    Current Use by Public Records

    Miller Sarah A Attorney Mc Hugh & Mc ... Attorney Act Group Consulting Consultant Ohio National Caputo ... Financial Planner Watterson Environmental Group Environmental Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sylvania
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6694764
    Latitude
    41.7081803

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    FAQs

    What type of property is this?
    Office building - 30,596 SF office building, 100% occupied by service-based tenants.
    Where is this office building located?
    The property is located at 5580 Monroe St Sylvania, OH.
    What is the asking price?
    The asking price for this property is $2,616,000.
    What are key features of this property?
    This property features: - 100% Occupancy ensures immediate income.; - Class A Finishes throughout the building enhance appeal.; - Strong Tenant Retention indicates tenant satisfaction.
    (248) 702-0280
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    5580 Monroe St Sylvania, OH 43560
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    Sylvania, OH 43560
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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
    5580 Monroe St Sylvania, OH 43560
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