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    1827 Richards Rd Toledo, OH 43607

    For Sale
    $4,000,000

    Executive office building with fitness center and robust IT infrastructure.

    Property size:
    46,814 SF
    Lot size:
    8.90 Acres

    Property Features for 1827 Richards Rd

    General Information

    Size
    46,814 SF
    Lot size
    8.90 Acres

    Source: Reichle | Klein Group Agent Martin F Gallagher

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

    Overview

    Class A Executive Office Building

    This Class 'A' executive office building is situated on a 9+ acre wooded campus. The property features 38 private offices, 8 conference rooms, and a large meeting venue. A fitness center with a locker area and a large sauna room is also included. The building is equipped with a robust IT infrastructure, with Verizon, AT&T, and Buckeye Fiber available. It also has a new uninterruptable power system (UPS) and two separate generators for backup power. The property includes large private executive suites with adjoining conference rooms. Underground climate-controlled parking is available with 18+/- spaces. The building has undergone numerous upgrades. It is located approximately 2 miles south of I-475 and 3 miles east of US-23. The property size is 46,814 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6422164
    Latitude
    41.6576952

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    FAQs

    What type of property is this?
    Office building - Executive office building with fitness center and robust IT infrastructure.
    Where is this office building located?
    The property is located at 1827 Richards Rd Toledo, OH.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Class 'A' executive office building situated on a 9+ acre wooded campus.; - New uninterruptable power system (UPS) and two separate generators for backup power.; - Robust IT infrastructure - Verizon, AT&T, & Buckeye Fiber available in building.
    (419) 654-6070
    Request Owner's contact information
    1827 Richards Rd Toledo, OH 43607
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    Toledo, OH 43607
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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
    1827 Richards Rd Toledo, OH 43607
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