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    3231 Central Park Toledo, OH 43617

    Sponsored
    For Lease
    $198 SF/Yr

    Prime Toledo office, flexible suites.

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, located at 3231 Central Park West Drive in Toledo, Ohio's desirable Sylvania Township (West Toledo submarket), offers a variety of leasing options. Built in 1998 and extensively renovated in 2023, the two-story building boasts 25,000 square feet of total space, divided into 13 suites. Currently, 1,222 square feet are available, with a minimum divisible space of 510 square feet and a maximum contiguous space of 4,140 square feet. The building features convenient amenities including a passenger elevator and ample parking. Individual suites offer ceiling heights ranging from 8'6" to 9'0". The property is zoned C-4 and its APN is 79-74707. One suite, previously used as a meeting space, is immediately available and can be adapted to suit various needs. This single-room suite offers a competitive monthly rent of $440, inclusive of operating expenses and utilities. The building's prime location and recent renovations make it an ideal choice for businesses seeking a modern and efficient workspace in a thriving Toledo neighborhood. This is a rare opportunity to secure office space in a well-maintained, recently updated building with flexible lease terms.

    Property Features for 3231 Central Park

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF
    Class
    A
    Total Rate
    412500

    Building Details

    Year Built/Renovated
    1998/2023
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 203
    Size
    320 SF
    Rate per SF
    $198

    HighLights

    • Two‑story multi‑tenant office building in Sylvania Twp.
    • Quiet cul‑de‑sac location, excellent access to I‑475/US‑23.
    • Convenient to restaurants, banks, and retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Northwestern Mutual Financial Planner Healthy Lucas County Association / Organization Dr. Michael Kastner Dentist Selection Resource Inc Psychologist Kids & Families Christian ... Counselor

    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
    Lucas
    State
    Ohio
    Longitude
    -83.7007315
    Latitude
    41.6779927

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Toledo office, flexible suites.
    Where is this office property / space located?
    The property is located at 3231 Central Park Toledo, OH.
    What is the lease rate?
    The lease rate is $198 SF/Yr.
    What are key features of this property?
    This property features: Two-story multi-tenant office building in Sylvania Twp.; Quiet cul-de-sac location, excellent access to I-475/US-23.; Convenient to restaurants, banks, and retail.
    Request Owner's contact information
    3231 Central Park Toledo, OH 43617
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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
    3231 Central Park Toledo, OH 43617
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