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Property profile & analytics

5001 Monroe St Toledo, OH 43623-3627

  • Super regional malls
  • 0.74 lot acres
OFF-MARKET
Value Estimations
$245,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-1256899
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

  • Maurices / Women'S Clothing Store / Plus Size Clothing Store
  • Buckle / Women'S Clothing Store / Shoe Store
  • American Eagle & Aerie Store / Clothing Store / Jeans Shop
  • Spencers / T-Shirt Store / Clothing Store
  • Ticknors Men's Clothier - Franklin Park Mall / Men'S Clothing Store / Clothing Store

Property Details for 5001 Monroe St

Lot size
0.74 lot acres
Zone code
10-CRSO
Property type
Super regional malls
APN
23-74230
APU
2374230

Description

This exceptional retail property, located at 5001 Monroe St, Toledo, OH 43623, presents a significant investment opportunity. The property encompasses a substantial 186,883 square feet, distributed across two stories (93,725 sq ft on the first floor and 93,158 sq ft on the second). This former department store is situated on a sizable 20.566-acre parcel within Franklin Park Mall, offering unparalleled visibility and accessibility. The property benefits from convenient access from all sides of the mall, maximizing exposure to the high volume of foot and vehicle traffic. A significant advantage is the two-level parking garage providing 302 parking spaces, directly accessible to both floors of the building. The property boasts approximately 1,286 feet of frontage along Tallmadge Rd, further enhanced by two traffic lights for optimal visibility and convenient access. The property's strategic location within Franklin Park Mall places it in close proximity to a diverse range of established national retailers, including Dick's Sporting Goods, Dillard's, JCPenney, Kohl's, Cinemark, Burlington, and Petco, creating a synergistic retail environment and attracting a substantial customer base. This presents a rare opportunity to acquire a large-scale retail space in a high-traffic, established shopping center.


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
-83.6403
Latitude
41.6967
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
$2,629
$17,745
$9,380
$27,125
-
$50,700
$26,800
$77,500
More about this property
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