5800 Monroe StSylvania, OH 43560

  • Office properties
  • 4,944 SF
For Lease
$11/SF/YR View listing

Property Details for 5800 Monroe St

Year built
1960
Property size (Sq ft)
4,944 SF
Zone code
31-B4
Property type
Office properties
Property subtype
Other office properties
APN
82-14064
APU
8214064

Description

This single-story, 11,268 square foot Class B executive office building, located at 5800 Monroe Street in Sylvania, Ohio, presents a unique opportunity. Built in 1969, the property sits on a generous 9.5-acre lot and features 2,504 square feet of immediately available space within a multi-tenant building. The building boasts 8' to 9' ceilings and 200-amp power. The property is zoned B-4 and has a Lucas County APN of 82-14073

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $846,353
    6.5%
    $781,249
    7%
    $725,446
  • Comparable approach

    Method
    Valuation
    Relative Method
    $462,462
    Geo Method
    $462,462
  • Alternative Use

    Use
    Valuation
    Residential
    $968,749
    Hospitality
    $887,369
    Educational
    $738,280
    Medical
    $763,671
    Retail
    $1,148,436
5800 Monroe St, Sylvania, Ohio

Location Insight

City
Sylvania
County
Lucas
State
Ohio
Latitude
41.7118
Longitude
-83.6789
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
$7,495
$10,815
$64,050
$74,865
-
$30,900
$183,000
$213,900

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