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    5401 Monroe St Toledo, OH 43623

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    For Lease
    $3,500 /Mo ($10 SF/Yr)

    Retail space in established west Toledo corridor with high visibility.

    Property size:
    4,080 SF
    Lot size:
    0.63 Acres

    Property Features for 5401 Monroe St

    General Information

    Size
    4,080 SF
    Lot size
    0.63 Acres

    Source: Reichle | Klein Group Agent Duke Wheeler

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

    Overview

    Retail Space in West Toledo

    This retail space is located in an established commercial corridor in west Toledo. The property benefits from high traffic volume, with 18,276 vehicles per day recorded on Monroe Street in 2023. The property features multiple points of ingress and egress, enhancing accessibility. Additional features include pylon signage, an overhead door, and an attached garage. The property offers 4,080 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bella Blue Pools Landscaper Pink Houses Garden Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6615842
    Latitude
    41.7045576

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    FAQs

    What type of property is this?
    Retail space - Retail space in established west Toledo corridor with high visibility.
    Where is this retail space located?
    The property is located at 5401 Monroe St Toledo, OH.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - High traffic volume: 18,276 vehicles per day on Monroe Street; - Commercial location in established west Toledo corridor; - Multiple points of ingress/egress
    (419) 346-5826
    Request Owner's contact information
    5401 Monroe St Toledo, OH 43623
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    Toledo, OH 43623
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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
    5401 Monroe St Toledo, OH 43623
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