7150 Granite CirToledo, OH 43617

Property Details for 7150 Granite Cir

Year built

1994

Lot size

2.89 AC

Property size (Sq ft)

21,528 SF

Zone code

20-M2

Property type

Office buildings

APN

79-09881

APU

7909881

Description

This exceptional 4,713 square foot executive office space is located within the prestigious Granite Circle office park in Sylvania, Ohio. Situated at 7150 Granite Cir, Toledo, OH 43617, this Class A property boasts a tranquil setting, nestled in a beautiful, wooded area with minimal traffic. The building, constructed in 1994 and extensively renovated in 2023, offers a total of 21,528 square feet spread across two stories. The available space is on the second floor and is part of a multi-tenant building. Ample parking is provided with 92 spaces available for tenants and visitors. Modern conveniences include elevators. The property is zoned M-2 and its Lucas County APN is 79-09881. Its convenient location offers easy access to W. Central Ave, making commuting a breeze. This is an excellent opportunity to secure high-quality office space in a desirable Sylvania submarket. The property's serene environment and proximity to key transportation routes make it an ideal location for businesses seeking a productive and peaceful work atmosphere. The recent renovations ensure modern amenities and a comfortable workspace. Don't miss this chance to establish your business in this prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,685,334

  6.5%

  $3,401,847

  7%

  $3,158,858

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,013,729

  Geo Method

  $2,013,729

• Alternative Use

  Use

  Valuation

  Residential

  $4,218,290

  Hospitality

  $3,863,931

  Educational

  $3,214,745

  Medical

  $3,325,305

  Retail

  $5,000,714

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6812

Longitude

-83.7149

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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