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Property profile & analytics

616 Madison Ave Toledo, OH 43604-1102

  • Office buildings
  • 16,200 SF
  • 0.16 lot acres
OFF-MARKET
Last Sale
Apr 08, 2021
Value Estimations
$380,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-1455647
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • CNWR, Inc / Computer Service / Computer Consultant
  • Nats CD store / Cd Store

Property Details for 616 Madison Ave

Year built
1905
Lot size
0.16 lot acres
Property size
16,200 SF
Zone code
10-CD
Property type
Office buildings
APN
12-16691
APU
1216691

Description

This exceptional single-tenant office space is ideally situated on the first floor of 616 Madison Avenue, in the heart of Downtown Toledo's revitalized core. The property offers a generous amount of space on the main floor, perfect for a variety of professional uses. A significant advantage is the inclusion of a full basement, providing ample storage capacity. This feature allows for efficient use of the overall square footage, eliminating the need for off-site storage solutions and maximizing the functionality of the office space. The location itself is a key selling point, placing your business within easy reach of a growing number of amenities and a dynamic urban environment. The address, 616 Madison Avenue, ensures high visibility and easy access for clients and employees. This is a rare opportunity to secure a well-appointed, conveniently located office space in a thriving downtown area. The property is offered as a single-tenant occupancy, providing privacy and control over the entire space. The combination of prime location, first-floor accessibility, and substantial basement storage makes this an attractive proposition for businesses seeking a functional and prestigious office environment in the revitalized Downtown Toledo area. This property is ready for immediate occupancy and presents a unique opportunity for businesses looking to establish or expand their presence in a vibrant and growing urban center. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $375,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $391,000
    Market price range: $247k - $637k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Toledo
County
Lucas
State
Ohio
Longitude
-83.5373
Latitude
41.6528
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,726
$20,965
$21,385
$42,350
-
$59,900
$61,100
$121,000
More about this property
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