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
- 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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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