This exceptional Class A medical office building, located at 5415 Monroe St, Toledo, OH 43623, presents a unique investment or owner-user opportunity. The 8,532 square foot building, constructed in 1984 and extensively renovated in 2022, boasts 4,200 square feet of net rentable space. Situated on a 0.72-acre lot with 65 parking spaces, it offers over 145 feet of frontage on Monroe Street, ensuring high visibility. The property features a multi-tenant occupancy with long-term tenants occupying the first floor

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$22k

Tax billed · 2023

Assessed value$212k

Assessed land$99k

Assessed improvement$113k

Effective rate10.34%

Value estimate

· Oct 2026

$385k

$347k – $424k

CAP approach$1.28M

Submarket $/SF estimate$1.16M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$240/SF

ZIP average, outlier-cleaned · 48 recorded sales of this use type

Observed band · Q1–Q3$59 – $357

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

20-C2

JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency20.4

Building Supply13.8

Wholesale Shop12.3

5415 Monroe St Toledo, OH 43623-2800

County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby

Address Sale price Sold Size

5162 Monroe, Toledo, OH 43623-3430 $570,000 Aug 2023 7,475 SF

4349 Talmadge, Toledo, OH 43623-3527 $550,000 May 2023 6,880 SF

4230 Secor, Toledo, OH 43623-4232 $338,000 Apr 2023 5,843 SF

4635 Alexis, Toledo, OH 43623-1005 $850,000 Feb 2023 11,608 SF

5900 Renaissance, Toledo, OH 43623-4708 $480,000 Jan 2023 6,720 SF

5450 Monroe, Toledo, OH 43623-2879 $355,000 Sep 2021 7,275 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$985,000

8,208 SF

4410 Alexis Rd

OFFICE BUILDING

4410 Alexis Rd, Toledo, OH 43623-1002

View Details
Value Estimation
$940,000

10,500 SF

4445 Talmadge Rd

OFFICE BUILDING

4445 Talmadge Rd, Toledo, OH 43623

View Details
Value Estimation
$1,135,000

6,154 SF

4841 Monroe St Ste, Unit 101

OFFICE BUILDING

4841 Monroe St Ste, Toledo, OH 43623-4390

View Details
Value Estimation
$490,000

6,118 SF

4105 Alexis Rd

OFFICE BUILDING

4105 Alexis Rd, Toledo, OH 43623-1241

View Details
Value Estimation
$1,565,000

12,030 SF

4404 Secor Rd

OFFICE BUILDING

4404 Secor Rd, Toledo, OH 43623-4236

View Details
Value Estimation
$375,000

5,843 SF

4230 Secor Rd

OFFICE BUILDING

4230 Secor Rd, Toledo, OH 43623-4232

View Details

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5415 Monroe St Toledo, OH 43623

Property summary