5550 W Central Ave Toledo, OH 43615
- Office buildings
- 11,496 SF
- 0.94 lot acres
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
-
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