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    5151 Monroe St Sylvania, OH 43623
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    Property profile & analytics

    5151 Monroe St, Sylvania, OH 43623

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    • Office Spaces
    • 77,400 SF
    • 4.55 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Royal Barber & Co / Accounting Firm / Tax Preparation

    Property Details for 5151 Monroe St

    Year built
    1972
    Lot size
    4.55 lot acres
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This two-story, 77,400 square foot Class B office building, situated on 4.55 acres in West Toledo's Sylvania Township, offers a diverse range of flexible office spaces. Built in 1972 and renovated in 2023, the property boasts 48 suites, ranging from a minimum of 179 square feet to a maximum contiguous space of 8,807 square feet. Currently, 4,396 square feet are vacant. The building features convenient amenities including 360 parking spaces, elevators, and a 9-10 foot ceiling height. Its location within Sylvania Township offers the benefit of no local income taxes, and its proximity to retail, restaurants, and banking centers adds to its appeal. The property is zoned C-2 and includes a convenient on-site post office. Multiple suite options are available, including smaller individual offices, larger open spaces suitable for call centers, and configurations adaptable to tenant needs. Rental rates vary depending on the size and features of the chosen suite, with some including operating expenses and utilities. This property presents a unique opportunity for businesses seeking flexible and well-located office space in a thriving community. The Lucas County location and convenient access to major roadways make this an ideal location for businesses of all sizes.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Sylvania
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6502
    Latitude
    41.6987
    More about this property
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