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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Commercial real estate
3225 Arlington Ave Toledo, OH 43614-2427
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-5776772
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1969
Total area
11,877 SF
Lot
4.39 ac (191,228 SF)
Zoning code
10-RM36
APN
20-01534
UPID
US66-5776772
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
-
94.5 Xkr Radio Station Radio Station Telecommunications Service
-
WRWK Radio Station Telecommunications Service
-
K100 Radio Station Telecommunications Service
-
Star 105 Radio Station Radio Station Telecommunications Service
-
WKKO-Fm Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$649k
Blend (final)
Blend
$1.04M
Owner & transaction history
Cumulus Broadcasting LLC · 7 yrs held
Cumulus Broadcasting LLC
since 2019
2 recorded transactions
Zoning & alternative use
10-RM36 · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$880,000
+21.6%
Auto repair, garage
$855,000
+18.4%
Neighborhood: shopping center
$840,000
+15.7%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$725,000
Current use
MEDICAL BUILDING
$880,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$855,000
Change: +18% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$770,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$755,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$88 / SF
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
$20,737
Tax year 2023
Assessed value
$227,745
Assessed 2023
Previous assessed
$227,745
+0.0% YoY
Effective rate
9.11%
On assessed value
Assessed land
$39,235
Assessed improvement
$188,510
Land market value
$112,100
Improvement market value
$538,600
Total market value
$650,700
Applied tax rate
20.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
11,877 SF
Lot
4.39 ac (191,228 SF)
Zoning code
10-RM36
APN
20-01534
UPID
US66-5776772
Jurisdiction
LUCAS
Zoning & alternative use
10-RM36 · Toledo, OH
Zoning 10-RM36 · permitted uses
10-RM36 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$725,000
MEDICAL BUILDING
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$855,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$840,000
RETAIL STORES
Est. value
$770,000
OFFICE BUILDING
Est. value
$755,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Stories
1
Lot
4.39 ac
Current owner
From public records · entity-resolved
Cumulus Broadcasting LLC
Entity
Mailing address
3225 ARLINGTON AVE, TOLEDO, OH 43614-2427
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Feb 27, 2019
—
Cumulus Broadcasting LLC
—
Grant Deed
related
$100,000,000 · Deutsche Bk Ag/ny Branch
Jan 4, 2019
—
Cumulus Broadcasting LLC
—
Grant Deed
related
$1,300,000,000 · Wilmington Tr
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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