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Property profile & analytics
FOR LEASE
Medical Office Space
3401 Glendale Ave, Toledo, OH 43614
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1455613
For Lease
1 / 5
$12 SF/Yr
3401 Glendale Ave, Toledo, OH 43614
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Total area
28,810 SF
Lot
1.98 ac (86,379 SF)
Zoning code
10-CO
APN
05-60705
UPID
US66-1455613
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
-
Amal El-Taji Inc Physician
-
Hull & Associates Sustainability Organization Volunteer Organization
-
DaVita Southland Dialysis Medical Clinic
-
DaVita Southland At Home Medical Clinic
-
Greenfield Health Systems Medical Clinic
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
Aysen Investments LLC · 2 yrs held
Aysen Investments LLC
since 2024
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
10-CO · 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
$42,457
Tax year 2023
Assessed value
$441,280
Assessed 2023
Previous assessed
$441,280
+0.0% YoY
Effective rate
9.62%
On assessed value
Assessed land
$81,165
Assessed improvement
$360,115
Land market value
$231,900
Improvement market value
$1,028,900
Total market value
$1,260,800
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1985
Heating
NONE
Stories
3
Total area
28,810 SF
Lot
1.98 ac (86,379 SF)
Zoning code
10-CO
APN
05-60705
UPID
US66-1455613
Jurisdiction
LUCAS
Zoning & alternative use
10-CO · Toledo, OH
Zoning 10-CO · permitted uses
10-CO · 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
1985
Heating
NONE
Stories
3
Lot
1.98 ac
Current owner
From public records · entity-resolved
Aysen Investments LLC
Entity
Mailing address
649 W FRNT ST, PERRYSBURG, OH 43551-1234
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
—
Aysen Investments LLC
—
Deed
related
$1,050,000 · Midwest America FCU
Jun 21, 2024
—
Aysen Investments LLC
—
Deed
related
$275,000 · Midwest America FCU
Jan 22, 2024
$450,000
Aysen Investments LLC
Lbc2 Reo LLC
Limited Warranty Deed
$925,000 · Midwest America FCU
Aug 1, 2023
—
Lbc2 Reo LLC
Dusan Stanisavjevic
Quit Claim Deed
related
—
Mar 9, 2016
$999,900
Dusan Stanisavljevic
Brookview Properties LLC
Warranty Deed
$749,925 · Us Bank NA
Mar 9, 2016
—
Brookview Properties LLC
Cornerstone Church INC
Quit Claim Deed
related
—
Apr 16, 2013
—
Brookview Properties LLC
—
Deed Of Trust
related
$4,312,462 · Fifth Third Bank
Jul 23, 2009
—
Brookview Properties LLC
Port Lawrence Title & Trust
Grant Deed
—
May 13, 2004
$100,000
Port Lawrence Title Tr Ttee
Ohio State
Quit Claim Deed
related
$107,000 · Sky Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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