Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
14 properties nearbyComparable nearby
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.74 ac
- APN
- 23-74230
- Zoning
- 10-CRSO
- Assessed value · 2023
- $27,125
- Annual tax · 2023
- $2,629
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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