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Property profile & analytics
FOR SALE
Office buildings
5580 Monroe St Sylvania, OH 43560
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-2145223
For Sale
1 / 8
Contact for pricing
5580 Monroe St, Sylvania, OH 43560
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
28,160 SF
Lot
2.36 ac (102,802 SF)
Zoning code
31-B2
APN
82-05107
UPID
US66-2145223
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
-
Miller Sarah A Law Firm
-
Mc Hugh & Mc Carthy Law Firm
-
Act Group Consulting Consultant
-
Ohio National Caputo Agency Financial Advisor
-
Watterson Environmental Group Environmental Consultant Environmental Program
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.26M
Owner & transaction history
5580 Monroe Street LLC · 3 yrs held
5580 Monroe Street LLC
since 2022
7 recorded transactions
Zoning & alternative use
31-B2 · Sylvania, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+14.1%
Retail stores
$2.0M
+10.2%
Commercial (general)
$1.8M
+0.6%
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 Sylvania submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylvania 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,805,000
Current use
AUTO REPAIR, GARAGE
$2,060,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$1,990,000
Change: +10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,815,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$45 / 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
$46,610
Tax year 2023
Assessed value
$472,080
Assessed 2023
Previous assessed
$472,080
+0.0% YoY
Effective rate
9.87%
On assessed value
Assessed land
$172,340
Assessed improvement
$299,740
Land market value
$492,400
Improvement market value
$856,400
Total market value
$1,348,800
Applied tax rate
82.0000
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
For Sale
Year built
1987
Heating
NONE
Stories
2
Total area
28,160 SF
Lot
2.36 ac (102,802 SF)
Zoning code
31-B2
APN
82-05107
UPID
US66-2145223
Jurisdiction
LUCAS
Zoning & alternative use
31-B2 · Sylvania, OHZoning 31-B2 · permitted uses
31-B2 · Sylvania, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1987
Heating
NONE
Stories
2
Lot
2.36 ac
Current owner
From public records · entity-resolved
5580 Monroe Street LLC
Entity
Mailing address
1 SEAGATE, TOLEDO, OH 43604-1442
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
—
5580 Monroe Street LLC
Clock Tower Capital LLC
Warranty Deed
$1,760,000 · Signature Bank NA
Dec 31, 2019
$1,300
Clock Tower Capital LLC
5580 Monroe St Ltd
Warranty Deed
$1,362,500 · Genoa Bkng
Oct 31, 2016
—
5580 Monroe Street Ltd
—
Deed
related
$772,810 · Fifth Third Bank
—
—
5580 Monroe Street Ltd
—
Deed Of Trust
related
$132,000 · Fifth Third Bank
—
—
5580 Monroe Street Ltd
—
Loan Modification
related
$768,954 · Fifth Third Bank
—
—
5580 Monroe Street Ltd
—
Loan Modification
related
$150,000 · Fifth Third Bk
—
—
5580 Monroe Street Ltd
—
Deed Of Trust
related
$150,000 · Fifth Third Bank
—
—
5580 Monroe Street Ltd
—
Deed Of Trust
related
$100,000 · Fifth Third Bk
—
—
5580 Monroe Street Ltd
—
Deed Of Trust
related
$173,321 · Fifth Third 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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