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Property profile & analytics
OFF-MARKET Estimated value $215,000
Office Spaces

5942 Renaissance Plc Toledo, OH 43623-4708

Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US66-1175935
Property summary
AI-generated overview

This exceptional 4,016 square foot office condominium, situated on a 0.42-acre lot in Sylvania Township, offers a unique blend of executive, medical, creative, and traditional office spaces. Built in 2002, this single-story building boasts beautifully maintained, high-end finishes throughout. The property is currently configured for multiple tenants, with a minimum divisible space of 2,053 square feet. Ideal for a variety of businesses, the layout includes private offices, open workspaces, multiple conference rooms, and a convenient kitchenette. Recent renovations include updated restrooms, enhancing the overall functionality and appeal. Ample parking is available for tenants and clients. The property benefits from a desirable location in Sylvania Township, offering the advantage of not being subject to income tax. A condominium fee of $620.71 per month covers building maintenance and associated costs. This turnkey solution provides immediate occupancy and the opportunity to establish a thriving business in a well-maintained and conveniently located space. The property is ready for immediate occupancy.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Zoning code 20-C4
APN 79-72828
UPID US66-1175935
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
  • Union Home Mortgage Loan Service Bank
  • Amy Koziarski, LISW Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k
Owner & transaction history
Green Properties LLC · 7 yrs held
Green Properties LLC
since 2018
3 recorded transactions
2019
Price N/A
2018
Price N/A
2008
$440,000
Zoning & alternative use
20-C4 · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Microsoft Word - TMZC 2024-04-24
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