3546 W Sylvania Ave Toledo, OH 43623
Medical Office Space
Google Maps
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
For Lease
1 / 104
$20 SF/Yr
3546 W Sylvania Ave, Toledo, OH 43623
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Estimated value (blended)
$335k
Range $302k – $369k (±10%)
Property ID
US66-5310692
Property summary
AI-generated overview
This single-story, 10,872 square foot medical office building in Toledo, Ohio, presents a unique investment opportunity. Built in 1973 and renovated in 2019, the property boasts 6,023 square feet of immediately available space, divisible down to 623 square feet. The building features a 9+ foot ceiling height and ample parking with 200+ spaces. Located at 3546 W Sylvania Ave, Toledo, OH 43623, this Class C property sits on 0.82 acres of land and offers excellent visibility with 214 feet of frontage on W. Sylvania Ave, a four-lane highway with a turn lane. Its strategic location near a signalized intersection on a TARTA bus route, the I-475 interchange, Franklin Park Mall, and Mercy St. Anne's Hospital ensures high traffic and accessibility. The property is zoned 10-CR, allowing for diverse commercial uses. The building has two suites and power is supplied at 240 A/120 V. No elevators are present. This is an exceptional opportunity for businesses seeking a well-located, adaptable space in a thriving area. The APN is 2260227. Cross street is Monroe Street.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
10,872 SF
Lot
0.82 ac (35,719 SF)
Zoning code
10-CR
APN
22-60227
UPID
US66-5310692
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$899k
Blend (final)
Blend
$335k
Owner & transaction history
since 2018
3 recorded transactions
Zoning & alternative use
10-CR · Toledo, OH
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$335k
Value range
$302k – $369k
±10% around blend
Estimated value / SF
$31 / SF
Confidence
None
1 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
10
Income certainty
100
$302k
blend $335k
$369k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,872 SF
Lot area
0.82 ac
Year built
1973
Stories
1
APN
22-60227
Assessed value
$315,245
Annual tax
$30,695
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$30,695
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$899k
Weighted, 0 comps · none confidence
Evidence
1 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$335k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 43 sales
$74
-58%
County 56 sales
$101
-70%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $31/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 1 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
494,745.00%
Selected cap rate for this medical office space
Derived from the Toledo market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$99k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$20
Move the market yield to see immediate price impact.
Value / SF
$0
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
494,744.50%494,745.00%494,745.50%
$89k
$17
$17
$17
$99k
$20
$20
$19
$109k
$22
$22
$21
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
1 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,695
Tax year 2023
Assessed value
$315,245
Assessed 2023
Previous assessed
$315,245
+0.0% YoY
Effective rate
9.74%
On assessed value
Assessed land
$65,380
Assessed improvement
$249,865
Land market value
$186,800
Improvement market value
$713,900
Total market value
$900,700
Applied tax rate
22.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1973
Heating
NONE
Stories
1
Total area
10,872 SF
Lot
0.82 ac (35,719 SF)
Zoning code
10-CR
APN
22-60227
UPID
US66-5310692
Jurisdiction
LUCAS
Zoning & alternative use
10-CR · Toledo, OHZoning 10-CR · permitted uses
10-CR · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Stories
1
Lot
0.82 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
10-CR
Jurisdiction
Toledo, OH
Recorded code
10-CR
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 10-CR in Toledo, OH.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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