Well-Maintained Flex/Warehouse
1525 W Laskey Rd Toledo, OH 43613
1525 W Laskey Rd, Toledo, OH, 43613
$475,000
For Sale
$475,000
Well-maintained flex/warehouse building for sale near I-475 and I-75, with negotiable FF&E.
Property Size3,860 SF
Price / SF$123.06
Days on Market205
Property Features for 1525 W Laskey Rd
General Information
- Standard status
- Active
- Size
- 3,860 SF
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 1984
Listing agency
Signature Associates - Toledo
(419) 680-7663
Listed by
Rob Keleghan · License #BRKP.2022005426
(419) 680-7663
Source
Cpix.resimplifi
Added: Dec 29, 2025 Updated: Jul 22 at 11:56AM Checked: Jul 22 at 11:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates - Toledo
Investment Insights
Based on property information with market context.
Well-maintained flex/warehouse building offered for sale in Toledo. The property is currently operating as an active business; please do not disturb employees. The owner is relocating to a nearby location, and negotiable FF&E is included.
The building is approximately 2.4 miles from I-475 and 5.6 miles from I-75. GM – Toledo Propulsion Systems is about 1.6 miles away, providing nearby industrial context.
This is a flex/warehouse facility totaling 3,860 square feet, suited for users seeking a combined work and warehouse configuration.
The building is approximately 2.4 miles from I-475 and 5.6 miles from I-75. GM – Toledo Propulsion Systems is about 1.6 miles away, providing nearby industrial context.
This is a flex/warehouse facility totaling 3,860 square feet, suited for users seeking a combined work and warehouse configuration.
Key Highlights
- Flex/warehouse building built in 1984
- Well‑maintained property with an active business in place (please do not disturb employees)
- For sale in Toledo with negotiable FF&E
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $9.00 |
| − Vacancy | −$1.3k | −$0.33 |
| EGI | $33.5k | $8.67 |
| − OpEx | −$5.0k | −$1.30 |
| NOI | $28.4k | $7.37 |
3,860 SF · lease $9.00/SF/yr · vacancy 3.71% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$406.2K
$355.4K – $473.9K
NOI $28,433 @ 7.0% cap · market cap 5.99%
Second Best
Flex RnD
$343.7K
$300.7K – $400.9K
NOI $24,056 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$642.4K
$562.1K – $749.5K
NOI $44,967 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Earl Bros Transmission ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Well-maintained flex/warehouse building for sale near I-475 and I-75, with negotiable FF&E.
Where is this flex space located?
The property is located at 1525 W Laskey Rd Toledo, OH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Flex/warehouse building built in 1984; Well‑maintained property with an active business in place (please do not disturb employees); For sale in Toledo with negotiable FF&E