Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,945,000
Community centers
5225 Monroe St Toledo, OH 43623-3139
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-4291600
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1990
Total area
169,499 SF
Lot
12.39 ac (539,534 SF)
Zoning code
20-C2
APN
78-16885
UPID
US66-4291600
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
-
Starbucks Cafe & Coffee Shop
-
Target Optical (Bike/Boat/Book/etc) Store
-
CVS Pharmacy Pharmacy
-
Dr. Greg Bourdon Physician
-
Target Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.36M
Blend (final)
Blend
$7.95M
Owner & transaction history
Triple Bar Toledo LLC · 2 yrs held
Triple Bar Toledo LLC
since 2023
Last sale
$8.0M
5 recorded transactions
Zoning & alternative use
20-C2 · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.6M
+5.0%
Auto repair, garage
$12.2M
+2.3%
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
Method
Estimation
Statistic approach
$9,020,000
ML approach
$8,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$11,955,000
Current use
MEDICAL BUILDING
$12,555,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,230,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,330,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$7.95M
Range $7.15M – $8.74M · ±10% · vs last sale $8.01M (Dec 28 2023)
Last sale anchor
$8.01M
Dec 28 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$47 / SF
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
$198,044
Tax year 2023
Assessed value
$1,898,155
Assessed 2023
Previous assessed
$1,898,155
+0.0% YoY
Effective rate
10.43%
On assessed value
Assessed land
$724,500
Assessed improvement
$1,173,655
Land market value
$2,070,000
Improvement market value
$3,353,300
Total market value
$5,423,300
Applied tax rate
78.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
169,499 SF
Lot
12.39 ac (539,534 SF)
Zoning code
20-C2
APN
78-16885
UPID
US66-4291600
Jurisdiction
LUCAS
Zoning & alternative use
20-C2 · Toledo, OHZoning 20-C2 · permitted uses
20-C2 · Toledo, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$12.0M
MEDICAL BUILDING
Est. value
$12.6M
AUTO REPAIR, GARAGE
Est. value
$12.2M
COMMERCIAL (GENERAL)
Est. value
$10.3M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
1
Lot
12.39 ac
Current owner
From public records · entity-resolved
Triple Bar Toledo LLC
Entity
Free & Clear · 2 yrs held
Mailing address
224 SAINT CHARLES WAY STE #290, YORK, PA 17402-4667
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
$8,005,000
Triple Bar Toledo LLC
Dfg Franklin Place Shops Red LLC
Limited Warranty Deed
—
Dec 4, 2013
—
Dfg-franklin Place Shops-red
Dfg-franklin Place Shops-red
Quit Claim Deed
related
—
May 11, 2012
—
Nai Entertainment Holdings LLC
National Amusements INC
Quit Claim Deed
related
—
Dec 7, 2010
—
Nai Entertainment Holdings LLC
National Amusements INC
Grant Deed
related
—
—
—
Dfg-franklin Place Shops-red
—
Deed Of Trust
related
$24,087,500 · Goldman Sachs Mtg
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5225 Monroe St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
