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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Medical Office Space
5690 Monroe St, Sylvania, OH 43560-2736
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-0265839
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Total area
12,485 SF
Lot
0.91 ac (39,486 SF)
Zoning code
31-B2
APN
82-12231
UPID
US66-0265839
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
-
Stephen Shall DDS Dental Office
-
Mayer James DDS Dental Office
-
Dr. David Shall Dental Office
-
Dr. Lauren Bourell Dental Office
-
Dr. Aaron Brinster DDS MD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$471k
Blend (final)
Blend
$525k
Owner & transaction history
5690 Monroe LLC · 13 yrs held
5690 Monroe LLC
since 2013
7 recorded transactions
Zoning & alternative use
31-B2 · Sylvania, 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 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$42 / 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
$16,558
Tax year 2023
Assessed value
$169,750
Assessed 2023
Previous assessed
$169,750
+0.0% YoY
Effective rate
9.75%
On assessed value
Assessed land
$58,345
Assessed improvement
$111,405
Land market value
$166,700
Improvement market value
$318,300
Total market value
$485,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1967
Heating
NONE
Stories
1
Total area
12,485 SF
Lot
0.91 ac (39,486 SF)
Zoning code
31-B2
APN
82-12231
UPID
US66-0265839
Jurisdiction
LUCAS
Zoning & alternative use
31-B2 · Sylvania, OH
Zoning 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
Sylvania. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
5690 Monroe LLC
Entity
Mailing address
5690 MONROE ST, SYLVANIA, OH 43560-2736
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2019
—
5690 Monroe LLC
—
Deed
related
$3,000,000 · Signature Bank NA
Apr 8, 2013
—
5690 Monroe LLC
—
Trustees Deed
related
$350,000 · Key Bank NA
Feb 14, 2013
$485,000
5690 Monroe LLC
Graham,john N
Grant Deed
—
—
—
5690 Monroe LLC
—
Deed Of Trust
related
$1,912,500 · Signature Bank
—
—
Arthur H Bell
—
Deed Of Trust
related
$150,000 · Fifth Third Bank Nw Ohio NA
—
—
Arthur H Bell
—
Deed Of Trust
related
$800,000 · Fifth Third Bank Nw Ohio NA
—
—
Arthur H Bell
—
Deed Of Trust
related
$125,000 · 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.
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