Financial
Distress signals
Property profile

3171 N Republic Blvd Toledo, OH 43615

FOR LEASE
Office buildings
Property ID
US66-2242301
18,032 SF 0.92 ac lot Built 1973
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Toledo property, located at 3171 N Republic Boulevard, offers a unique blend of executive office and warehouse space, ideal for a variety of businesses. The 18,032 square foot building sits on a 0.918-acre lot and features a total of five suites, with flexible space options ranging from a minimum of 530 square feet to a maximum contiguous space of 3,224 square feet. Currently, 5,966 square feet is available for lease. Built in 1973 and renovated in 1990, the two-story…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$143k
Assessed land$75k
Assessed improvement$67k
Effective rate10.41%

Value estimate

· Sep 2026
$515k
$464k – $567k
AI approach$345k
Submarket $/SF estimate$516k
NOI build-up
Gross scheduled income$270k
Vacancy & credit loss−$52k
Operating expenses−$55k
NOI · 1,367,616.67% cap applied$164k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$54/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$29 – $80

Cap rate analysis

How does the asset earn?
1,367,616.67%
$164k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
20-C2
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.3
Realty agency13.4
Parking Facility12.0

Location

3171 N Republic Blvd Toledo, OH 43615
County assessor Recorded deeds · not on file 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
350 Reynolds, Toledo, OH 43615-5995 $345,000 Feb 2026 7,200 SF
5454 Airport, Toledo, OH 43615-7302 $700,000 Oct 2024 15,066 SF
209 Reynolds, Toledo, OH 43615-5251 $325,000 Oct 2023 7,318 SF
5250 Renwyck, Toledo, OH 43615-5973 $200,000 Apr 2023 11,600 SF
5565 Airport, Toledo, OH 43615-7379 $675,000 May 2022 18,752 SF
2400 Reynolds, Toledo, OH 43615-2800 $285,000 Feb 2022 7,250 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
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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