Technical
Financial
Distress signals
Property profile

3950 Sunforest Ct Unit 2ND 2nd Toledo, OH 43623

FOR LEASE
Office buildings
Property ID
US66-6222158
24,900 SF 1.55 ac lot Built 1984
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Lucas County, Ohio office space at 3950 Sunforest Ct, 2nd floor, Toledo, 43623 offers a diverse range of flexible workspace solutions. The property caters to various business needs, providing traditional office suites, executive offices, coworking areas, medical office space, and creative office environments. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options include fully furnished and equipped private offices, customizable to individual requirements, ranging from single-person setups to large corporate spaces. Additionally, the location offers coworking areas with hot-desking options, and a variety of meeting rooms available for hourly, daily, or longer-term rentals, equipped with Wi-Fi and presentation technology. Virtual office solutions are also available, including business addresses, mail handling, and virtual assistant services. Flexible working plans provide access to a global network of workspaces, offering various levels of access to private offices and coworking spaces. The property's location in Toledo provides convenient access to local amenities and transportation. While the total building square footage is not currently available, the diverse range of options ensures a suitable workspace for a wide variety of businesses and their unique needs. Inquire today to explore the possibilities and find the perfect space for your business.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 24,900 SF
Lot 1.55 ac (67,331 SF)
Zoning code 10-CO
APN 22-73274
UPID US66-6222158

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service Aged Care
  • Medical Clinic
  • Medical Clinic
  • Hardware & Home Improvement HVAC Service
  • Insurance Agency

Location

3950 Sunforest Ct Unit 2ND, Unit 2nd Toledo, OH 43623
Toledo metro Census 7700 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.72M
Comparable Approach Comparable
$2.19M
Blend (final) Blend
$540k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2010
Price N/A
2003
$1.9M

Zoning & alternative use

10-CO · Toledo, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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