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Property profile & analytics
OFF-MARKET
Office buildings
5321 Southwyck Blvd, Toledo, OH 43614-1575
Entity Owned
Free & Clear
Property ID
US66-1032701
Property summary
AI-generated overview
This exceptional 12,076 square foot executive office building, located at 5321 Southwyck Boulevard in Toledo, Ohio, presents a unique leasing opportunity. Situated on a 0.784-acre lot, this two-story building boasts a single-tenant occupancy, offering complete control and privacy. Built in 1972, the property features an 8-foot ceiling height throughout. Ample parking is provided with 60 spaces available for tenants and guests. The building's electrical service includes 2-phase, 120v/208y, 600-amp power, ensuring sufficient capacity for various business needs. The property is zoned C-2, offering flexibility for a range of commercial uses. Its convenient location on Southwyck Boulevard, with a cross street of Cheyenne Boulevard, provides excellent accessibility and visibility. The property's address is 5321 Southwyck Blvd, Toledo, OH 43614, and its Lucas County APN is 70281
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
12,080 SF
Lot
0.78 ac (34,164 SF)
Zoning code
10-CO
APN
07-70281
UPID
US66-1032701
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Love & Associates LLC
Love & Associates LLC
since 2026
3 recorded transactions
Zoning & alternative use
10-CO · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,368
Tax year 2023
Assessed value
$47,810
Assessed 2023
Previous assessed
$47,810
+0.0% YoY
Effective rate
11.23%
On assessed value
Assessed land
$25,375
Assessed improvement
$22,435
Land market value
$72,500
Improvement market value
$64,100
Total market value
$136,600
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Heating
NONE
Stories
2
Total area
12,080 SF
Lot
0.78 ac (34,164 SF)
Zoning code
10-CO
APN
07-70281
UPID
US66-1032701
Jurisdiction
LUCAS
Zoning & alternative use
10-CO · Toledo, OH
Zoning 10-CO · permitted uses
10-CO · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Love & Associates LLC
Entity
Free & Clear · 0 yrs held
Mailing address
445 E WOOSTER ST, BOWLING GREEN, OH 43402-2927
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2026
$190,000
Love & Associates LLC
Woodbridge Landing LLC
Warranty Deed
—
Jun 2, 2008
$130,000
Woodbridge Landing LLC
Metropolitan Savings Service Corp
Corporation Deed
$130,000 · First Federal Bank Of The Midwest
Dec 11, 2007
$280,000
Metropolitan Savings Svc Corp
Sheriff Of Lucas County
Trustees Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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