Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Turn key restaurants
5702 Monroe St Sylvania, OH 43560
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-6262392
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Total area
6,977 SF
Lot
0.64 ac (27,959 SF)
Zoning code
31-B4
APN
82-11981
UPID
US66-6262392
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
-
Roosters Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$899k
Blend (final)
Blend
$995k
Owner & transaction history
Joseph Starlite Plaza LLC · 12 yrs held
Joseph Starlite Plaza LLC
since 2014
7 recorded transactions
Zoning & alternative use
31-B4 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$143 / 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
$39,652
Tax year 2023
Assessed value
$403,375
Assessed 2023
Previous assessed
$403,375
+0.0% YoY
Effective rate
9.83%
On assessed value
Assessed land
$144,165
Assessed improvement
$259,210
Land market value
$411,900
Improvement market value
$740,600
Total market value
$1,152,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Heating
NONE
Stories
1
Total area
6,977 SF
Lot
0.64 ac (27,959 SF)
Zoning code
31-B4
APN
82-11981
UPID
US66-6262392
Jurisdiction
LUCAS
Zoning & alternative use
31-B4 · Sylvania, OH
Zoning 31-B4 · permitted uses
31-B4 · 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
1995
Heating
NONE
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Joseph Starlite Plaza LLC
Entity
Free & Clear · 12 yrs held
Mailing address
4133 TALMADGE RD, TOLEDO, OH 43623-3503
Ownership since
2014
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
Feb 28, 2014
$2,295,000
Joseph Starlite Plaza LLC
Toledo Hospital
Warranty Deed
—
Jun 18, 2013
$7,000,000
Toledo Hospital
Brixmor Residual Pool 1 Spe
Grant Deed
—
Feb 2, 2009
—
Centro Np Residual Pool 1 Spe LLC
Hk New Plan Exchange Property Owner
Deed
$370,000,000 · Jpmorgan Chase Bank NA
Apr 7, 2005
$400,000
Bank Of America NA
Sheriff Of Lucas County
Trustees Deed
related
—
Jul 22, 2004
$16,800,000
Hk New Plan Exchange Property
Port Lawrence Title & Trust Co
Grant Deed
—
Jul 13, 2004
—
Port Lawrence Title & Trust
Starlite Plaza LLC
Grant Deed
related
—
—
—
Bennett Ents INC
—
Deed Of Trust
related
$115,000 · First Federal Bank Midwest
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5702 Monroe St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
