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Property profile & analytics
OFF-MARKET
Estimated value
$370,000
Medical Office Space
5542 Airport Hwy Toledo, OH 43615-7304
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-4020891
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
3,470 SF
Lot
1.11 ac (48,282 SF)
Zoning code
10-CO
APN
02-72125
UPID
US66-4020891
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
-
Acute Urgent Care Medical Clinic
-
Fred Ho-A-Lim Medical Clinic
-
Dr. Nathan Hill Physician
-
Fred G Ho-A-Lim Md Physician
-
Bonaventure Okoro Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$255k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$370k
Owner & transaction history
Airport Highway Real Estate · 10 yrs held
Airport Highway Real Estate
since 2015
5 recorded transactions
Zoning & alternative use
10-CO · 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
$255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$370k
Range $333k – $407k · ±10%
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
$107 / 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
$11,906
Tax year 2023
Assessed value
$117,320
Assessed 2023
Previous assessed
$117,320
+0.0% YoY
Effective rate
10.15%
On assessed value
Assessed land
$28,700
Assessed improvement
$88,620
Land market value
$82,000
Improvement market value
$253,200
Total market value
$335,200
Applied tax rate
2.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
3,470 SF
Lot
1.11 ac (48,282 SF)
Zoning code
10-CO
APN
02-72125
UPID
US66-4020891
Jurisdiction
LUCAS
Zoning & alternative use
10-CO · Toledo, OHZoning 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
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Airport Highway Real Estate
Individual
Mailing address
8753 ROYAL OAK DR, HOLLAND, OH 43528-9007
Ownership since
2015
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
Sep 18, 2015
—
Airport Highway Real Estate
Ho-a-lim,frederick
Warranty Deed
—
Apr 11, 2014
—
Frederick Ho-a-lim
Midland Agency Of Nw Oh INC
Quit Claim Deed
related
—
Dec 7, 2010
—
Midland Agcy Of Northwest Ohio In
5542 Airport Highway LLC
Quit Claim Deed
related
—
Jul 1, 2005
—
5542 Airport Highway LLC
Okoro,bonaventure C
Quit Claim Deed
related
—
Oct 25, 2004
—
Okoro Bonaventure C
—
Trustees Deed
related
$493,000 · Sky Bk
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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