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Property profile & analytics
OFF-MARKET
Medical Office Space
1638 Broadway St Toledo, OH 43609-3240
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1697176
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1917
Total area
5,970 SF
Lot
0.3 ac (13,281 SF)
Zoning code
10-CS
APN
09-13997
UPID
US66-1697176
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
Current use
Occupant on record · Public records
-
Nueva Esperanza Community Credit Union Credit Union
-
Anne Ruch, MD Physician
-
Natalie King Medical Clinic
-
Linda Klein Pediatrician Physician
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
Promedica Health System INC · 9 yrs held
Promedica Health System INC
since 2016
5 recorded transactions
Zoning & alternative use
10-CS · 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
$7,463
Tax year 2023
Assessed value
$70,770
Assessed 2023
Previous assessed
$70,770
+0.0% YoY
Effective rate
10.55%
On assessed value
Assessed land
$4,130
Assessed improvement
$66,640
Land market value
$11,800
Improvement market value
$190,400
Total market value
$202,200
Applied tax rate
9.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1917
Heating
NONE
Stories
1
Total area
5,970 SF
Lot
0.3 ac (13,281 SF)
Zoning code
10-CS
APN
09-13997
UPID
US66-1697176
Jurisdiction
LUCAS
Zoning & alternative use
10-CS · Toledo, OHZoning 10-CS · permitted uses
10-CS · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1917
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Promedica Health System INC
Entity
Free & Clear · 9 yrs held
Mailing address
MSC S29779, TOLEDO, OH 43604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2016
—
Promedica Health System INC
Lucas County Land Reutilizatio
Grant Deed
—
Jun 14, 2013
—
Lucas Cnty Land Reutilization
Sheriff Of Lucas County
Quit Claim Deed
related
—
Nov 25, 2008
—
Viva South Toledo Cdc
City Of Toledo
Quit Claim Deed
—
Jan 3, 2005
—
City Of Toledo Ohio
Toledo-lucas Cnty Public Libra
Quit Claim Deed
related
—
—
—
Viva South Toledo Cdc
—
Deed Of Trust
related
$115,000 · Toledo-lucas Cnty Port Authori
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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