5321 Southwyck BlvdToledo, OH 43614

Property Details for 5321 Southwyck Blvd

Year built

1972

Lot size

0.78 AC

Property size (Sq ft)

12,080 SF

Zone code

10-CO

Property type

Office properties

Property subtype

Office buildings

APN

07-70281

APU

770281

Description

This exceptional 12,076 square foot executive office building, located at 5321 Southwyck Boulevard in Toledo, Ohio, presents a unique leasing opportunity. Situated on a 0.784-acre lot, this two-story building boasts a single-tenant occupancy, offering complete control and privacy. Built in 1972, the property features an 8-foot ceiling height throughout. Ample parking is provided with 60 spaces available for tenants and guests. The building's electrical service includes 2-phase, 120v/208y, 600-amp power, ensuring sufficient capacity for various business needs. The property is zoned C-2, offering flexibility for a range of commercial uses. Its convenient location on Southwyck Boulevard, with a cross street of Cheyenne Boulevard, provides excellent accessibility and visibility. The property's address is 5321 Southwyck Blvd, Toledo, OH 43614, and its Lucas County APN is 70281

• CAP approach

  CAP return

  Valuation

  6%

  $2,067,950

  6.5%

  $1,908,877

  7%

  $1,772,529

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,129,963

  Geo Method

  $1,129,963

• Alternative Use

  Use

  Valuation

  Residential

  $2,367,008

  Hospitality

  $2,168,166

  Educational

  $1,803,889

  Medical

  $1,865,928

  Retail

  $2,806,050

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.5996

Longitude

-83.6673

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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