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Property profile & analytics
OFF-MARKET
Office buildings
3178 Republic Blvd Toledo, OH 43615-1509
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-1071140
Property summary
AI-generated overview
This single-story, 8,400 square foot office building located at 3178 Republic Blvd N in Toledo, Ohio, presents a fantastic leasing opportunity. Situated on a 0.421-acre lot within the Sylvania Township submarket, this property is zoned C2 - General Commercial District (APN 7869167) and offers a variety of executive and professional office spaces. Currently, 1,318 square feet are available for lease, with individual suites ranging from 334 to 650 square feet. The building, constructed in 1972, features an 8-foot ceiling height and ample parking with 26 spaces. The property's convenient location and versatile space make it perfect for a variety of businesses. The address is 3178 Republic Blvd N, Toledo, OH 43615. This is a multi-tenant building offering a flexible and efficient workspace. Don't miss this chance to secure your ideal office space in a thriving commercial district.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
8,400 SF
Lot
0.42 ac (18,372 SF)
Zoning code
20-C2
APN
78-69167
UPID
US66-1071140
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
-
Corporate Splash Print & Promotional Products Marketing & Advertising
-
Anderson Idczak Associates Inc Business Management Consultant
-
Albers Law Office, LLC Law Firm Financial Advisor
-
Outdoor Business Network, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Havill & Co Inc Advertising Agency Marketing & Advertising
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
Springboard Properties LLC · 12 yrs held
Springboard Properties LLC
since 2013
2 recorded transactions
Zoning & alternative use
20-C2 · 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
$9,480
Tax year 2023
Assessed value
$91,175
Assessed 2023
Previous assessed
$91,175
+0.0% YoY
Effective rate
10.40%
On assessed value
Assessed land
$38,150
Assessed improvement
$53,025
Land market value
$109,000
Improvement market value
$151,500
Total market value
$260,500
Applied tax rate
78.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Total area
8,400 SF
Lot
0.42 ac (18,372 SF)
Zoning code
20-C2
APN
78-69167
UPID
US66-1071140
Jurisdiction
LUCAS
Zoning & alternative use
20-C2 · Toledo, OH
Zoning 20-C2 · permitted uses
20-C2 · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Springboard Properties LLC
Entity
Free & Clear · 12 yrs held
Mailing address
7456 VALHALLA DR, MAUMEE, OH 43537-9511
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2013
$253,000
Springboard Properties LLC
Briarfield Village LLC
Grant Deed
—
Feb 1, 2012
$250,000
Briarfield Village LLC
Boyd Rosemary R Trust
Warranty Deed
$237,500 · Boyd Rosemary R Trust (pt)
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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