Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4671 Glendale Ave Toledo, OH 43614-1910

    • Specialty properties
    • 2.46 lot acres
    OFF-MARKET
    Value Estimations
    $245,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1405994
    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.

    Current Use by Public Records

    • Specialty properties

    Property Details for 4671 Glendale Ave

    Lot size
    2.46 lot acres
    Zone code
    10-RS12
    Property type
    Specialty properties
    APN
    20-02885
    APU
    2002885

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $245,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.651
    Latitude
    41.6065
    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
    $2,952
    $28,560
    $0.00
    $28,560
    -
    $81,600
    $0.00
    $81,600

    Comparable in this City

    • Value Estimation
      $320,000
      14,670 SF

      Broadway St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 14,670 SF
      Broadway St, Toledo, OH 43614
      View Details
    • Value Estimation
      $350,000
      13,188 SF

      3453 Heatherdowns Blvd

      FUNERAL HOME • 13,188 SF
      3453 Heatherdowns Blvd, Toledo, OH 43614-3839
      View Details
    • Value Estimation
      $510,000
      16,926 SF

      1804 Reynolds Rd

      FUNERAL HOME • 16,926 SF
      1804 Reynolds Rd, Toledo, OH 43614-1405
      View Details
    • Value Estimation
      $530,000
      28,128 SF

      4480 Heatherdowns Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 28,128 SF
      4480 Heatherdowns Blvd, Toledo, OH 43614-3113
      View Details
    • Value Estimation
      $240,000
      324 SF

      2017 Byrne Rd

      FUNERAL HOME • 324 SF
      2017 Byrne Rd, Toledo, OH 43614
      View Details
    • Value Estimation
      $440,000
      11,151 SF

      4653 Glendale Ave

      FUNERAL HOME • 11,151 SF
      4653 Glendale Ave, Toledo, OH 43614-1910
      View Details

    Similar Nearby for Sale

    • $500,000
      2,745 SF

      Toledo Car Wash - $500K

      Profitable Car Wash, High Traffic Area
      4425 Heatherdowns Blvd, Toledo, OH 43614
      View Details
    • $3,650,000
      15 SF

      New Construction Sheetz Fuel Store

      New construction Sheetz with 15-year absolute NNN ground lease.
      1950 S Reynolds Rd, Toledo, OH 43614
      View Details
    • Contact for pricing
      6,811 SF

      Commercial Pad Site on Glendale

      1.6-acre commercial pad site with high visibility.
      2915 Glendale Ave, Toledo, OH 43614
      View Details
    • $219,900

      Harvard Terrace Duplex For Sale

      Well-maintained duplex in Harvard Terrace with stable rental history.
      127 University Blvd, Toledo, OH 43614
      View Details
    • $150,000

      Spacious Townhome with Garage Parking

      Spacious townhome featuring a full basement and underground garage.
      2317 Rockspring Rd, Toledo, OH 43614
      View Details
    • $179,900

      Glendale Avenue Duplex Investment Opportunity

      Duplex near river with income potential in South Toledo.
      1820 Glendale Ave, Toledo, OH 43614
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      2,850 SF

      Retail Space Near University

      Retail space available near University of Toledo Medical Center.
      2936-3022 Glendale Ave, Toledo, OH 43614
      View Details
    • $14 SF/Yr
      12,272 SF

      Toledo Medical Office Suites

      Prime Medical Office Space Available in Toledo, OH
      1555 Byrne Rd, Toledo, OH 43614
      View Details
    • $12 SF/Yr
      20,160 SF

      Toledo Executive Office Space

      Prime Toledo office, 1,250 sq ft available.
      5330 Heatherdowns Blvd, Toledo, OH 43614
      View Details
    • $6 SF/Yr
      3,000 SF

      Retail Spaces Available for Lease

      Retail spaces available immediately, tenant improvement allowance potential.
      1339-1415 Glendale Ave, Toledo, OH 43614
      View Details
    • Contact for pricing
      276,533 SF

      Southland Shopping Center: Toledo, OH

      High-traffic retail space available. Toledo, Ohio prime location.
      1339 Byrne Rd, Toledo, OH 43614
      View Details
    • $13 SF/Yr
      60,042 SF

      Retail Space in Colonial Village

      Retail space for lease in South Toledo neighborhood center.
      4400 Heatherdowns Blvd, Toledo, OH 43614
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4671 Glendale Ave
    Toledo, OH 43614-1910
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.