3130 Central Park West Toledo, OH 43617
- Office buildings
- 20,970 SF
- 3.97 lot acres
Current Use by Public Records
- David Moore / Physician
- Angela Wesley / Physician
- Central Park Pediatrics, LLC / Medical Clinic
- QC Kinetix (Sylvania) / Physician
- Nicole Goeckerman / Physician
Property Details for 3130 Central Park West
- Year built
- 1988
- Lot size
- 3.97 lot acres
- Property size
- 20,970 SF
- Zone code
- 20-MX
- Property type
- Office buildings
- APN
- 78-69267
- APU
- 7869267
Description
This exceptional Class A office complex, located in Sylvania Township's desirable West Toledo submarket at 3130 Central Park West Drive, offers a unique opportunity for medical or creative office users. The property boasts a total of 29,090 square feet across three single-story buildings, constructed in 1988 and extensively renovated in 2023. Currently, 8,120 square feet of space is available, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 8,120 square feet. Six suites are available within the complex. Ceiling heights range from 8'6" to 12'0". The property features excellent visibility and signage opportunities along Central Avenue, a major thoroughfare with nearly 40,000 vehicles passing daily. Its convenient location is just a quarter-mile west of the I-475/US 20 Central Avenue exit, providing easy access for employees and clients. The zoning is MX. The property's APN is 78-69267. A significant advantage is the absence of municipal payroll taxes in Sylvania Township. Build-to-suit options are available for new construction from 4,000 to 8,120 square feet, with generous improvement allowances included in long-term leases. One available suite, previously an ophthalmology clinic, offers 3,883 square feet and includes a large waiting area, separate check-in/check-out, a sizable clerical area, seven exam rooms, a conference room, a large break room, two offices, storage, an IT room, and three bathrooms. This property presents a compelling investment opportunity in a thriving location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,536,000
- AI Estimate
- $1,436,000
Market price range: $664k - $2.25MMarket price range: $592k - $1.78M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,330,000 Current use
- MEDICAL BUILDING
- $1,555,000 Change: +17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,515,000 Change: +14% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,480,000 Change: +11% Conversion: Difficult
- RETAIL STORES
- $1,360,000 Change: +2% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,280,000 Change: -4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6999
- Latitude
- 41.6762
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA