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Property profile & analytics
FOR LEASE
Medical Office Space

3100 W Central Ave Toledo, OH 43606

34,426 SF 1.55 ac lot Built 1957
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-0247764
Property summary
AI-generated overview

This exceptional medical office building, located at 3100 W. Central Avenue in Toledo, Ohio (zip code 43606), offers a variety of lease options for medical professionals. The two-story building, constructed in 1957, boasts a total of 34,426 square feet, with multiple tenancy options available. Suites range from a minimum of 710 square feet to a maximum contiguous space of 1,589 square feet, with 2,299 square feet currently vacant. The building features a 9-foot ceiling height throughout. Ample parking is provided with 80 dedicated spaces, including 10 handicapped-accessible spots. The property is zoned CO - Office Commercial and has a Lucas County APN of 49014, 03-520-002. Each suite benefits from individual sub-panels, fed by a 600-amp main power supply, ensuring reliable electrical service. This well-maintained building presents a fantastic opportunity for medical practices seeking established space in a convenient Toledo location. The property is easily accessible and offers a strong presence within the community. Serious inquiries are encouraged to explore the available lease options and secure their ideal medical office space.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1957
Total area 34,426 SF
Lot 1.55 ac (67,518 SF)
Zoning code 10-CO
APN 07-49014
UPID US66-0247764
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
  • Susan G Komen® Northwest Ohio Charitable Organization Social Service Agency
  • Interim HealthCare Nursing Agency Home Health Care Service
  • Leistner Carl R DDS Dental Office
  • Kidney Foundation of Northwest Ohio Charitable Organization Social Service Agency
  • Adopt America Network Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.21M
Owner & transaction history
Mg03 Properties LLC · 1 yrs held
Mg03 Properties LLC
since 2024
Last sale
$1.2M
5 recorded transactions
2024
$1.2M
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
10-CO · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Microsoft Word - TMZC 2024-04-24
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