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Property profile & analytics
OFF-MARKET Estimated value $530,000
Office buildings

4906 Holland Sylvania Rd Sylvania, OH 43560

9,000 SF 1.44 ac lot Built 1989
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US66-2065897
Property summary
AI-generated overview

This single-story, 9,000 square foot Class B office building, built in 1989 and renovated in 2020, offers flexible space ideal for medical or creative office uses. Located in Sylvania Township's desirable West Toledo submarket, this property boasts convenient access to US-23 and is within walking distance of Flower Hospital, South Briar Shopping Center, and The Village Inn. The building features 60 parking spaces, two curb cuts with exterior monument signage on Holland Sylvania and Harroun Roads, and is professionally managed and maintained. Multiple suites are available, ranging from 510 to a maximum contiguous 2,892 square feet. Currently, 2,892 square feet are vacant. Suite 2, a former dental office, offers approximately 2,900 square feet of customizable space, including a waiting room, reception area, clinical work area, two labs, two restrooms, five operatories, and a break room. Suite 5, a former skin esthetician studio, features a waiting room, large procedure room, private restroom, and washer/dryer closet. The building has 8'6" to 9'0" ceilings, 200 AMP power, and is zoned C-2. Property taxes are $2.14 per square foot. The Lucas County APN is 78-51871. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Total area 9,000 SF
Lot 1.44 ac (62,643 SF)
Zoning code 20-C2
APN 78-51871
UPID US66-2065897
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$588k
Blend (final) Blend
$530k
Owner & transaction history
Hess Family Ltd · 8 yrs held
Hess Family Ltd
since 2017
2 recorded transactions
2017
$850,000
1969
Price N/A
Zoning & alternative use
20-C2 · Sylvania, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $730,000 +26.4%
Auto repair, garage $660,000 +14.1%
Retail stores $635,000 +10.2%
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