Financial
Distress signals
Property profile

3401 Glendale Ave Toledo, OH 43614

FOR LEASE
Medical Office Space
Property ID
US66-1455613
28,810 SF 1.98 ac lot Built 1985
Last sale Jan 2024 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This medical office space is configured for flexible use and comprises approximately 1,202 to 2,964 square feet. The interior layout includes a waiting area, three exam rooms, a break room, an office nook, an additional office, a nurses station/lab area, and a bathroom. The property is located at the corner of Byrne Road and Glendale Avenue, less than one mile from UTMC, across from the Southland Shopping Center, and it is served by TARTA bus service on-site. The building is professionally…

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?
$42k
Tax billed · 2023
Assessed value$441k
Assessed land$81k
Assessed improvement$360k
Effective rate9.62%

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$450k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$2k
Operating expenses−$2k
NOI · 39,168.00% cap applied$5k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$74/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$38 – $147

Cap rate analysis

How does the asset earn?
39,168.00%
$5k 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?
10-CO
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.7
Law Firm18.6
Building Supply12.3

Location

3401 Glendale Ave Toledo, OH 43614
County assessor Recorded deeds · 9 transfers 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1555 Byrne, Toledo, OH 43614-3467 $100,000 Jan 2026 12,272 SF
1565 Byrne, Toledo, OH 43614-3466 $290,000 Oct 2020 12,272 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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