Property profile

5055 Glendale Ave Toledo, OH 43614

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US66-0985198
4,320 SF 0.62 ac Built 1986
Last sale Sep 2026·$480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This multitenant retail/commercial property is located at 5055 Glendale Avenue, Toledo, OH 43614. The building includes multiple suites with two long-term tenant spaces and one end-cap unit that is approximately 1,700 square feet. The available end-cap suite is configured to support a range of uses, including retail, office, service, or showroom, depending on tenant fit-out and permitting. The property is designed for mixed occupancy, with the potential for an owner-occupant to use one suite while other suites remain occupied.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$63k
Assessed land$12k
Assessed improvement$51k
Effective rate11.01%

Value estimate

· Nov 2026
$215k
$194k – $237k
AI approach$215k
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI$11k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
Submarket average, outlier-cleaned · 304 recorded sales of this use type
Observed band · Q1–Q3$29 – $121
Qualifying comparables7

Cap rate analysis

How does the asset earn?
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
10-CRSO
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.1
Building Supply27.8
Restaurant26.4

Location

5055 Glendale Ave Toledo, OH 43614
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4335 Heatherdowns, Toledo, OH 43614-3102 $600,000 Nov 2023 7,229 SF
1405 Detroit, Toledo, OH 43614-2709 $165,000 Jan 2023 4,224 SF
2029 Byrne, Toledo, OH 43614-5102 $209,000 Jan 2022 3,950 SF
3512 Glendale, Toledo, OH 43614 $593,250 Oct 2020 5,000 SF
3656 Rugby, Toledo, OH 43614-4425 $140,000 Jan 2019 3,064 SF
2218 Tedrow, Toledo, OH 43614-3859 $142,000 Jan 2019 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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