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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Office buildings
5415 Monroe St Toledo, OH 43623-2800
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-2605218
Property summary
AI-generated overview
This exceptional Class A medical office building, located at 5415 Monroe St, Toledo, OH 43623, presents a unique investment or owner-user opportunity. The 8,532 square foot building, constructed in 1984 and extensively renovated in 2022, boasts 4,200 square feet of net rentable space. Situated on a 0.72-acre lot with 65 parking spaces, it offers over 145 feet of frontage on Monroe Street, ensuring high visibility. The property features a multi-tenant occupancy with long-term tenants occupying the first floor
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
8,532 SF
Lot
0.72 ac (31,208 SF)
Zoning code
20-C2
APN
78-51024
UPID
US66-2605218
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
-
Arrow Dickerson: Allstate Insurance Insurance Agency
-
Sherwood Food Distributors Big Box & Wholesale Store Food Market
-
Stem Cell International Medical Clinic
-
Premier Clinic of Chiropractic Medical Clinic
-
Stem Cell Specialists Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.03M
Owner & transaction history
5415 Monroe 786 LLC · 1 yrs held
5415 Monroe 786 LLC
since 2025
Last sale
$845,000
2 recorded transactions
Zoning & alternative use
20-C2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,380,000
6.5%
$1,275,000
7%
$1,185,000
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $845k (Mar 25 2025)
Last sale anchor
$845k
Mar 25 2025
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
$121 / 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
$21,929
Tax year 2023
Assessed value
$212,100
Assessed 2023
Previous assessed
$212,100
+0.0% YoY
Effective rate
10.34%
On assessed value
Assessed land
$99,400
Assessed improvement
$112,700
Land market value
$284,000
Improvement market value
$322,000
Total market value
$606,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Heating
NONE
Stories
2
Total area
8,532 SF
Lot
0.72 ac (31,208 SF)
Zoning code
20-C2
APN
78-51024
UPID
US66-2605218
Jurisdiction
LUCAS
Zoning & alternative use
20-C2 · Toledo, OH
Zoning 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
Toledo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
5415 Monroe 786 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5580 MONROE ST STE #210, SYLVANIA, OH 43560-2561
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2025
$845,000
5415 Monroe 786 LLC
Duma Properties LLC
Warranty Deed
—
Dec 2, 2014
$505,000
Duma Properties LLC
5415 Ltd
Fiduciary Deed
$429,250 · Waterford Bank NA
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.
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