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    3740 W Sylvania Ave Toledo, OH 43623

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    3740 W Sylvania Ave Toledo, OH 43623


    • Medical Office Space
    • 29,087 SF
    • 2.95 lot acres
    West Toledo Medical Office Space For Lease
    $1,980,000
    14,000 SF

    West Toledo Medical Office Space

    Medical office sublease opportunity near hospitals and shopping.

    3740 W Sylvania Ave, Toledo, OH 43623
    View Listing
    Property ID
    US66-2310847
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Sophia G. Mccullough, MD / Physician
    • ProMedica Physicians: David P. Barnes, MD / Pediatrician / Physician
    • Secor Family Medicine / Medical Clinic
    • Griffith Carrie A / Physician
    • Edna Vianzon, MD / Pediatrician / Medical Clinic

    Property Details for 3740 W Sylvania Ave

    Year built
    1987
    Lot size
    2.95 lot acres
    Property size
    29,087 SF
    Zone code
    10-CO
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    22-21981
    APU
    2221981

    Description

    This exceptional medical office space, located at 3740 W Sylvania Ave, Toledo, OH 43623, offers a prime sublease opportunity in West Toledo's thriving Franklin Park Mall submarket. The single-story, 24,335 square foot Class B building, constructed in 1987 and extensively renovated in 2023, features five suites with a total of 13,485 square feet currently vacant. Individual suites range from a minimum of 1,800 square feet to a maximum contiguous space of 7,131 square feet, providing flexibility for various medical practices. The building boasts 9-10 foot ceilings and ample parking with 183 spaces. Its convenient location offers easy access to major roadways, including a half-mile proximity to the I-475 interchange and the Franklin Park Mall. The property sits on 3.11 acres of land and is zoned C-O. Its strategic location near Mercy St. Anne's, The Toledo Clinic, and Toledo Hospital makes it an ideal location for medical professionals. The property's APN is 22-21981, and the cross street is Harvest. This is a rare opportunity to secure high-quality, renovated medical office space in a highly desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,915,000
      Market price range: $1.10M - $4.27M
      AI Estimate
      $1,290,000
      Market price range: $838k - $1.95M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,155,000
      Current use
      AUTO REPAIR, GARAGE
      $2,100,000
      Change: -3% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,050,000
      Change: -5% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,775,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6338
    Latitude
    41.692
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $65,936
    $71,155
    $600,250
    $671,405
    -
    $203,300
    $1,715,000
    $1,918,300
    View Listing
    More about this property
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