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Property profile & analytics
FOR LEASE
Retail space
5055 Glendale Ave Toledo, OH 43614
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-0985198
For Lease
1 / 10
Contact for pricing
5055 Glendale Ave, Toledo, OH 43614
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Total area
4,320 SF
Lot
0.62 ac (27,142 SF)
Zoning code
10-CRSO
APN
06-04717
UPID
US66-0985198
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
Current use
Occupant on record · Public records
-
Marco's Pizza Restaurant
-
Sign Pro of Toledo (Bike/Boat/Book/etc) Store Printing Service
-
Fast Cash of America Inc Loan Service
-
The Cleaning Authority - Toledo Maid & House Cleaning Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Matt Bell Properties LLC · 2 yrs held
Matt Bell Properties LLC
since 2024
Last sale
$215,000
3 recorded transactions
Zoning & alternative use
10-CRSO · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Toledo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toledo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,936
Tax year 2023
Assessed value
$63,000
Assessed 2023
Previous assessed
$63,000
+0.0% YoY
Effective rate
11.01%
On assessed value
Assessed land
$11,725
Assessed improvement
$51,275
Land market value
$33,500
Improvement market value
$146,500
Total market value
$180,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1986
Heating
NONE
Stories
1
Total area
4,320 SF
Lot
0.62 ac (27,142 SF)
Zoning code
10-CRSO
APN
06-04717
UPID
US66-0985198
Jurisdiction
LUCAS
Zoning & alternative use
10-CRSO · Toledo, OH
Zoning 10-CRSO · permitted uses
10-CRSO · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toledo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Matt Bell Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4352 W SYLVANIA AVE, TOLEDO, OH 43623-3463
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
$215,000
Matt Bell Properties LLC
Sfn Holdings LLC
Limited Warranty Deed
—
Jul 23, 2015
$268,292
Sfn Holdings LLC
Mcalear Kuhn Investments LLC
Limited Warranty Deed
$206,250 · The Citizens National Bank Of Bluff
Aug 25, 2003
—
Mcalear Kuhn Investments LLC
Mcalear Kuhn Investments
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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