Property profile

8432 Central Ave Sylvania, OH 43560

FOR LEASE
Retail space
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Property ID
US66-2608785
35,500 SF 3.99 ac Built 1987
Last sale Jan 2014·$1,200,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value$329k
Assessed land$31k
Assessed improvement$298k
Effective rate10.59%

Value estimate

· Nov 2026
$1.14M
$1.02M – $1.25M
Submarket $/SF estimate$1.39M
NOI build-up
Gross scheduled income$273k
Vacancy & credit loss−$7k
Operating expenses−$80k
NOI · 2,216,988.10% cap applied$186k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 363 recorded sales of this use type
Observed band · Q1–Q3$33 – $134

Cap rate analysis

How does the asset earn?
2,216,988.10%
$186k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
20-MX
JurisdictionLUCAS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.4
Hair Salon10.6
Pharmacy10.2

Location

8432 Central Ave Sylvania, OH 43560
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5456 Schultz, Sylvania, OH 43560 $1,150,000 Mar 2025 7,310 SF
5453 Roan, Sylvania, OH 43560 $1,150,000 Mar 2025 7,225 SF
6820 Sylvania, Sylvania, OH 43560-3682 $295,000 Dec 2024 11,280 SF
5458 Alger, Sylvania, OH 43560 $375,000 Jun 2023 9,828 SF
5151 Main, Sylvania, OH 43560-2184 $400,000 Mar 2023 7,632 SF
5551 Alexis, Sylvania, OH 43560 $1,840,000 Jul 2022 9,364 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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