Renovated Office Building and
2230 West Laskey Road Toledo, OH 43613
2230 West Laskey Road, Toledo, OH, 43613
$225,000
For Sale
$225,000
Renovated office building with five offices plus a detached yurt conference/workspace and ample parking with multiple curb cuts.
Property Size1,752 SF
Price / SF$128.42
Days on Market49
Property Features for 2230 West Laskey Road
General Information
- Standard status
- Active
- Size
- 1,752 SF
- Property subtype
- Medical/Healthcare
Building Details
- Year Built
- 1952
Listing agency
Miller Diversified Brokerage
(419) 250-2769
Listed by
Hunt Sears · License #0000448649
(419) 250-2769
Source
Thebrokerlist
Added: Jun 3 Updated: Jul 10 at 1:48PM Checked: Jul 21 at 10:35AM
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 Miller Diversified Brokerage
Investment Insights
Based on property information with market context.
Built in 1952 and renovated in 2017, this office property offers a mix of professional workspace and flexible outdoor use. The primary structure includes five offices, a conference room, a reception area, a kitchen, and two restrooms. In addition to the office buildout, there is a separate 1,420 SF yurt in the backyard that has been used as a conference room, additional office, and storage area.
The property is located at 2230 West Laskey Road in Toledo, Ohio and is zoned CR Regional Commercial. Access is supported by ample parking with 22 parking spaces and three curb cuts off Laskey Rd. and Yermo Dr. The improvements include a newer roof, vinyl siding, and two HVAC units.
This setup can suit a variety of office users who want dedicated interior rooms along with an additional flexible work/conference space on site. For investors, the property includes two distinct units: a 1,752 SF office building and a 1,420 SF free-standing yurt, both supported by on-site parking and multiple points of vehicular access.
The property is located at 2230 West Laskey Road in Toledo, Ohio and is zoned CR Regional Commercial. Access is supported by ample parking with 22 parking spaces and three curb cuts off Laskey Rd. and Yermo Dr. The improvements include a newer roof, vinyl siding, and two HVAC units.
This setup can suit a variety of office users who want dedicated interior rooms along with an additional flexible work/conference space on site. For investors, the property includes two distinct units: a 1,752 SF office building and a 1,420 SF free-standing yurt, both supported by on-site parking and multiple points of vehicular access.
Key Highlights
- 1952‑built, renovated in 2017, 1,752 SF office building with reception, 5 offices, 1 conference room, kitchen, and 2 rest rooms
- Detached 1,420 SF yurt in the backyard used as a conference room, additional office, and storage/workspace
- Newer roof and 2 HVAC units serving the 1,752 SF office building
Local Financial Insights For Healthcare Medical
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 | $29.4k | $16.80 |
| − Vacancy | −$2.4k | −$1.34 |
| EGI | $27.1k | $15.46 |
| − OpEx | −$10.8k | −$6.18 |
| NOI | $16.2k | $9.27 |
1,752 SF · lease $16.80/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$232.1K
$203.1K – $270.8K
NOI $16,247 @ 7.0% cap · market cap 7.22%
Second Best
Office B
$227.8K
$199.3K – $265.8K
NOI $15,945 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$291.6K
$255.1K – $340.2K
NOI $20,410 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Visiting Medical Specialists ...
Home Health Care Service
Dr. Suvarna Bhandaru, ...
Pediatrician
Ogrodowski Brenda
Employment Agency
L & S Bhandaru ...
Pediatrician
Similar For Sale Nearby
Similar Off Market Nearby
- Trilby Animal Hospital — 2736 Tremainsville Rd, Toledo, OH 43613
- Dr. Alan Moore — 2736 Tremainsville Rd, Toledo, OH 43613
FAQs
What type of property is this?
Medical Office Space - Renovated office building with five offices plus a detached yurt conference/workspace and ample parking with multiple curb cuts.
Where is this medical office space located?
The property is located at 2230 West Laskey Road Toledo, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1952‑built, renovated in 2017, 1,752 SF office building with reception, 5 offices, 1 conference room, kitchen, and 2 rest rooms; Detached 1,420 SF yurt in the backyard used as a conference room, additional office, and storage/workspace; Newer roof and 2 HVAC units serving the 1,752 SF office building
