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Property profile & analytics

5550 W Central Ave Toledo, OH 43615

  • Office buildings
  • 11,496 SF
  • 0.94 lot acres
Value Estimation
$430,000
Location Intelligence
Property ID
US66-2595901
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

  • Kalniz Iorio & Reardon, Co. LPA / Attorney
  • Mahaffey Donna M OD & Associates / Optometrist
  • Northwest Ohio Eyecare Incorporated / Optometrist
  • care4you2 / Home Health Care Service
  • Kalniz Iorio & Feldstein / Attorney

Property Details for 5550 W Central Ave

Year built
1967
Lot size
0.94 lot acres
Property size
11,496 SF
Zone code
20-C2
Property type
Office buildings
APN
78-69194
APU
7869194

Description

This exceptional 1,970 square foot executive office space is available for lease at 5550 W. Central Avenue in Toledo, Ohio. Located in a single-story building constructed in 1967, this property offers a convenient and functional workspace. The suite boasts ceiling heights ranging from 8 to 9 feet, providing a spacious feel. The building itself totals 11,496 square feet and features multiple tenancies. Ample parking is available with 58 spaces provided for tenants and visitors. The property is zoned C-2, Highway & General Commercial District, within Sylvania Township, Lucas County. The property's convenient location is further enhanced by its proximity to Republic Boulevard. Electrical service is provided by a 200-amp system. The property's address is 5550 Central Ave, Toledo, OH 43615, with the APN numbers 69194 and 30-180-014. This is an excellent opportunity for businesses seeking a well-maintained and conveniently located office space in a thriving commercial area. The available space presents a chance to establish or expand your business in a prime Toledo location. Contact us today to schedule a viewing.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $415,000
  • CAP approach

    CAP return
    Estimation
    6%
    $475,000
    6.5%
    $540,000
    7%
    $500,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $500,000
    Geo Method
    $450,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $465,000
    Retail
    $455,000
    Mixed-Use
    $515,000
    Hospitality
    $460,000
    Educational
    $520,000
    Residential Income
    $500,000
    Energy
    $530,000
    Income-Based Land
    $455,000
    Food Service
    $505,000

Location Insight

  • Map
  • Local Demand
City
Toledo
County
Lucas
State
Ohio
Longitude
-83.6753
Latitude
41.6771
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
$23,259
$22,435
$202,125
$224,560
-
$64,100
$577,500
$641,600
More about this property
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