Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,820,000
Manufacturing properties
3610 Holland Sylvania Rd Toledo, OH 43615-1004
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US66-0206587
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Total area
147,942 SF
Lot
5.65 ac (246,114 SF)
Zoning code
20-MX
APN
78-36341
UPID
US66-0206587
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
-
JAWS International, Ltd. Industrial Manufacturer Production Facility
-
Canberra Corporation Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.05M
Blend (final)
Blend
$5.82M
Owner & transaction history
Milestone Ventures LLC · 22 yrs held
Milestone Ventures LLC
since 2004
6 recorded transactions
Zoning & alternative use
20-MX · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.0M
+96.6%
Office building
$7.9M
+72.7%
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
INDUSTRIAL (GENERAL)
$4,585,000
Current use
COMMERCIAL (GENERAL)
$9,015,000
Change: +97% · Conversion: Difficult
OFFICE BUILDING
$7,920,000
Change: +73% · Conversion: Difficult
Blend value · Realmo final
$5.82M
Range $5.24M – $6.40M · ±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
$39 / 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
$110,880
Tax year 2023
Assessed value
$781,690
Assessed 2023
Previous assessed
$781,690
+0.0% YoY
Effective rate
14.18%
On assessed value
Assessed land
$35,175
Assessed improvement
$746,515
Land market value
$100,500
Improvement market value
$2,132,900
Total market value
$2,233,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1981
Heating
NONE
Stories
2
Total area
147,942 SF
Lot
5.65 ac (246,114 SF)
Zoning code
20-MX
APN
78-36341
UPID
US66-0206587
Jurisdiction
LUCAS
Zoning & alternative use
20-MX · Toledo, OH
Zoning 20-MX · permitted uses
20-MX · 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
INDUSTRIAL (GENERAL) Current
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$9.0M
OFFICE BUILDING
Est. value
$7.9M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1981
Heating
NONE
Stories
2
Lot
5.65 ac
Current owner
From public records · entity-resolved
Milestone Ventures LLC
Entity
Mailing address
3610 N HOLLAND SYLVANIA RD, TOLEDO, OH 43615-1004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2013
—
Milestone Ventures LLC
—
Trustees Deed
related
$1,000,000 · Keybank USA
Feb 20, 2013
—
Milestone Ventures LLC
—
Deed Of Trust
related
$2,000,000 · Key Bank & Trust
Oct 25, 2007
—
Milestone Ventures LLC
—
Trustees Deed
related
$1,000,000 · Waterford Bank NA
May 4, 2004
$1,522,000
Milestone Ventures LLC
Lower,james C
Grant Deed
$1,522,000 · Fifth Third Bank Nw Ohio NA
—
—
Milestone Ventures LLC
—
Loan Modification
related
$1,000,000 · Key Bank NA
—
—
Milestone Ventures LLC
—
Loan Modification
related
$1,000,000 · Keybank USA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3610 Holland Sylvania Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
