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    Property profile & analytics

    5450 Monroe St Toledo, OH 43623-2879

    • Office buildings
    • 7,275 SF
    • 0.83 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Sep 20, 2021
    $355,000
    Location Intelligence
    Property ID
    US66-6240684
    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.

    Current Use by Public Records

    • Midwest Mortgage Investments Ltd / Mortgage Lender
    • Bruce Parish - Mortgage Loan Specialist / Mortgage Lender
    • Charles Scheib - Mortgage Banker / Mortgage Lender
    • Monroe Home Helpers / Home Help Service Agency
    • Budget Dumpsters of Toledo / Dumpster Rental Service

    Property Details for 5450 Monroe St

    Year built
    1968
    Lot size
    0.83 lot acres
    Property size
    7,275 SF
    Zone code
    20-C2
    Property type
    Office buildings
    APN
    78-50987
    APU
    7850987

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $360,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $350,000
      Mixed-Use
      $350,000
      Hospitality
      $380,000
      Educational
      $320,000
      Residential Income
      $320,000
      Energy
      $390,000
      Income-Based Land
      $395,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6636
    Latitude
    41.7061
    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
    $18,148
    $104,265
    $70,175
    $174,440
    -
    $297,900
    $200,500
    $498,400

    Comparable in this City

    • Value Estimation by Request
      2,878 SF

      5556 Secor Rd

      OFFICE BUILDING • 2,878 SF
      5556 Secor Rd, Toledo, OH 43623
      View Details
    • Value Estimation by Request
      13,214 SF

      4422 Secor Rd

      OFFICE BUILDING • 13,214 SF
      4422 Secor Rd, Toledo, OH 43623
      View Details
    • Value Estimation by Request
      9,360 SF

      5763 Talmadge Rd

      OFFICE BUILDING • 9,360 SF
      5763 Talmadge Rd, Toledo, OH 43623-1562
      View Details
    • Value Estimation by Request
      19,383 SF

      4906 Monroe St

      OFFICE BUILDING • 19,383 SF
      4906 Monroe St, Toledo, OH 43623-3650
      View Details
    • Value Estimation
      $405,000
      576 SF

      6049 Renaissance Pl

      OFFICE BUILDING • 576 SF
      6049 Renaissance Pl, Toledo, OH 43623-4711
      View Details
    • Value Estimation
      $420,000
      576 SF

      6049 Renaissance Pl

      OFFICE BUILDING • 576 SF
      6049 Renaissance Pl, Toledo, OH 43623-4711
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,848 SF

      Office Building with Flexible Layouts

      Office building with convenient access, parking, and adaptable floor plans.
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      Toledo Office Space - 13,214 SF
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    • Contact for pricing
      3,972 SF

      Restaurant with Drive-Thru For Sale

      Fully equipped restaurant with drive-thru, ample parking, and high visibility.
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    • Contact for pricing
      5,141 SF

      Existing Drive-Through Restaurant For Sale

      Restaurant property with existing drive-through and corporate store.
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      Sylvania Township Vacant Land

      Vacant land in Sylvania Township, perfect for office building.
      5901 Renaissance Pl, Toledo, OH 43623
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    Similar Nearby for Lease

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      Toledo Medical Office Space for Lease

      10,872 SF Medical Office Building, Ohio
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    • Contact for pricing
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      Modern medical suites, flexible space available
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    • $9 SF/Yr
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      Single Office Space Available

      Single office space available for lease.
      5151 Monroe St, Toledo, OH 43623
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    • $15 SF/Yr
      20,480 SF

      Toledo Medical Office Building For Lease

      Prime Medical Office Space Available in Toledo, OH
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    • $11 SF/Yr
      36,127 SF

      Talmadge Road Office/Retail Space

      2,710 SF office or retail space for lease.
      4427 Talmadge Rd, Toledo, OH 43623
      View Details
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    5450 Monroe St
    Toledo, OH 43623-2879
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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