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    501 Phillips Ave Toledo, OH 43612

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    For Sale
    $2,400,000

    Single-tenant industrial asset with a strong tenant in Toledo, OH.

    Property size:
    24,378 SF
    Lot size:
    2.50 Acres

    Property Features for 501 Phillips Ave

    General Information

    Size
    24,378 SF
    Lot size
    2.50 Acres

    Source: Sands Investment Group (SIG) | Austin Agent Austin Marsh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Toledo Industrial Asset For Sale

    This 24,378 square foot industrial asset is located at 501 Phillips Avenue in Toledo, Ohio. The property is a single-tenant building occupied by Pepco, backed by Sonepar, an international electrical supply and wholesaler with over 490 locations throughout the United States. Pepco has been operating from this location since 2001. The property provides easy access to both U.S. Route 24 and I-75, making it accessible to the entire Toledo market. The location also features excess yard space allowing for industrial outdoor storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D Eco Electric ... Electrical Supply Store Pepco - Toledo Branch Electrical Supply Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Team Johnson Storage

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.5577724
    Latitude
    41.6902819

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    FAQs

    What type of property is this?
    Warehouse - Single-tenant industrial asset with a strong tenant in Toledo, OH.
    Where is this warehouse located?
    The property is located at 501 Phillips Ave Toledo, OH.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Single-tenant industrial asset with a best-in-class tenant (Pepco).; - Attractive 8.00% Cap Rate.; - Pepco is backed by Sonepar, a large international electrical supply and wholesaler.
    (844) 474-4666
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 Phillips Ave Toledo, OH 43612
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