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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office buildings
5454 Airport Hwy Toledo, OH 43615-7302
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-6280503
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
15,066 SF
Lot
1.46 ac (63,728 SF)
Zoning code
10-CO
APN
20-31990
UPID
US66-6280503
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
-
Universal Marketing Group Advertising Agency Marketing & Advertising
-
Universal Property Group General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$944k
Blend (final)
Blend
$700k
Owner & transaction history
Wgsd LLC · 1 yrs held
Wgsd LLC
since 2024
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
10-CO · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+38.4%
Auto repair, garage
$1.1M
+34.8%
Neighborhood: shopping center
$1.1M
+31.7%
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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$805,000
Current use
MEDICAL BUILDING
$1,115,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,085,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,060,000
Change: +32% · Conversion: Difficult
COMMERCIAL (GENERAL)
$920,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Oct 4 2024)
Last sale anchor
$700k
Oct 4 2024
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
$46 / 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
$26,449
Tax year 2023
Assessed value
$283,745
Assessed 2023
Previous assessed
$283,745
+0.0% YoY
Effective rate
9.32%
On assessed value
Assessed land
$33,075
Assessed improvement
$250,670
Land market value
$94,500
Improvement market value
$716,200
Total market value
$810,700
Applied tax rate
20.0000
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
1
Total area
15,066 SF
Lot
1.46 ac (63,728 SF)
Zoning code
10-CO
APN
20-31990
UPID
US66-6280503
Jurisdiction
LUCAS
Zoning & alternative use
10-CO · Toledo, OH
Zoning 10-CO · permitted uses
10-CO · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$805,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$920,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Heating
NONE
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Wgsd LLC
Entity
Mailing address
5454 AIRPORT HWY, TOLEDO, OH 43615-7302
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
Wgsd LLC
—
Deed
related
$1,550,000 · The Farmers & Merchants State Bank
Oct 4, 2024
$700,000
Wgsd LLC
Company 54 LLC
Warranty Deed
$560,000 · Premier Bank
Oct 7, 2013
—
Company 54 LLC
Universal Property Group LLC
Warranty Deed
—
Jan 27, 2011
$750,000
Universal Property Group LLC
Swan Creek Investors
Grant Deed
$750,000 · Fifth Third Mortgage Co
Apr 11, 2007
$475,000
Swan Creek Investors Ltd
Greenridge LP
Warranty Deed
$625,000 · Sky Bank
Jan 8, 2007
—
Greenridge
To-jo Co Ltd
Warranty Deed
—
Jan 3, 2007
$45,113
Plymouth Park Tax Services LLC
Treasurer Of Lucas County
Trustees Deed
—
—
—
Company 54 LLC
—
Deed Of Trust
related
$900,000 · Fifth Third Bank
—
—
Swan Creek Investors Ltd
—
Deed Of Trust
related
$615,000 · Huntington National Bank
—
—
Swan Creek Investors Ltd
—
Deed Of Trust
related
$655,348 · Huntington National Bank
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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