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    5221 Monroe St Toledo, OH 43623-4606
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    Property profile & analytics

    5221 Monroe St, Toledo, OH 43623-4606

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    • Community centers
    • 54,223 SF
    • 6.87 lot acres
    Off-Market
    Last Sale Dec 28, 2023
    $8,369,200
    Property ID
    US66-1779367
    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.

    Value Estimations
    $8,390,000
    Show details
    Cap Rate Potential
    4.4%
    Community centers
    Location Intelligence

    Current Use by Public Records

    • Shoe Carnival / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • Tan Pro USA / Tanning Salon
    • Glass City Beauty / Medical Clinic / Skin Care Clinic
    • Cut What She Said / Hair Salon
    • Bob's Discount Furniture and Mattress Store / Furniture & Home Goods / Home Decor Store

    Property Details for 5221 Monroe St

    Year built
    1990
    Lot size
    6.87 lot acres
    Zone code
    20-C2
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    78-16883
    APU
    7816883

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 28, 2023 $8,369,200 Triple Bar Toledo LLC Dfg Franklin Place Shops Blue LLC Limited Warranty Deed $100k · Zb NA
    Feb 22, 2022 — Bobs Descount Furniture LLC Dfg Franklin Placev Shops Blue LLC Lease —
    Oct 28, 2014 — Place Shops Blue Dfg-franklin — Grant Deed · related $77.5M · Jp Morgan Chase Bk
    Apr 22, 2014 — Dfg-franklin Place Shops-blue — Grant Deed · related $9.6M · Associated Bk
    Dec 13, 2013 — Dfg-franklin Placee Shops-blue Dfg-franklin Place Shops-red Quit Claim Deed —
    Dec 9, 2013 — Dfg-franklin Place Shops-red — Grant Deed · related $5.5M · Revere High Yield Fund LP
    Sep 20, 2013 $7,792,160 Dfg-franklin Pl Shops-red LLC Nai Entertainment Holdings LLC Quit Claim Deed · related $5M · Revere High Yield Fund LP
    May 11, 2012 — Nai Entertainment Holdings LLC National Amusements INC Quit Claim Deed · related —
    May 7, 2009 — National Amusements INC — Deed Of Trust · related $1,734M · Bank Of America
    — — Dfg-franklin Place Shops-blue — Deed Of Trust · related $5.7M · Associated Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $9,430,000
      ML approach
      $9,425,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,880,000
      6.5%
      $6,350,000
      7%
      $5,900,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $12,995,000
      RESTAURANT
      $8,555,000
      RETAIL STORES
      $7,945,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6523
    Latitude
    41.7003
    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
    $127,191
    $448,000
    $767,480
    $1,215,480
    -
    $1,280,000
    $2,192,800
    $3,472,800

    Property Visit Statistics

    • Visits by month
      5.6k
    • Visitors by month
      4.9k
    • Avg Time on site
      27 min
    More about this property
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