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Well-Maintained Flex/Warehouse Building

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
Listed by Rob Keleghan · License #BRKP.2022005426
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.

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 (±1% cap)
NOI $28,433 @ 7.0% cap · market cap 5.99%
Second Best
Flex RnD
$343.7K
$300.7K – $400.9K (±1% cap)
NOI $24,056 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$642.4K
$562.1K – $749.5K (±1% cap)
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

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Hair Salon Spa & Massage Center Pharmacy HVAC Service Gym & Fitness Center

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

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
Contact an agent
More about this property
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