Multi-Building Industrial
2705 South Eber Road, Monclova, OH 43542
For Sale
Contact for pricing
Eight separate buildings form a largely leased industrial campus near Toledo Express Airport.
Property Size76,840 SF
Lot Size24.39 Acres
Price / SF$62.65
Days on Market55
Property Features for 2705 South Eber Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Financials
Asking Price
Cap Rate
Building Details
Buildings
Listing Agency:
The DiSalvo Group
Listed By:
Joseph DiSalvo · License IN RB14051407
(317) 410-8788
Source:
Crexi
Added: Sep 17
Changed: Nov 9
Last Checked: Nov 8 at 6:42AM
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 The DiSalvo Group
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Investment Insights
Based on property information with market context.
This industrial portfolio includes eight buildings totaling 76,840 square feet on 24.39 acres. Occupancy is 98%, spread across 20 tenants, and no single tenant accounts for more than 10% of net leasable area. The property includes M-1-zoned acreage, with outdoor storage and parking identified as potential income sources.
At 2705 South Eber Road in Monclova, Ohio, the site directly borders Eugene F. Kranz Toledo Express Airport and is part of the Toledo MSA.
At 2705 South Eber Road in Monclova, Ohio, the site directly borders Eugene F. Kranz Toledo Express Airport and is part of the Toledo MSA.
Key Highlights
- Eight‑building industrial portfolio totaling 76,840 square feet
- 24.39‑acre site with M‑1 zoning
- 98% occupied by 20 tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$408,848
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,176,960
$8.2M
Cap Rate 7%
$5,840,686
$5.8M
Cap Rate 9%
$4,542,756
$4.5M
Market Conditions
NOI Build-Up for 76,840 SF
Gross rent
$599.4K $7.80/SF
− Vacancy
−$15.3K −$0.20/SF
EGI
$584.1K $7.60/SF
− OpEx
−$175.2K −$2.28/SF
NOI
$408.8K $5.32/SF
Area
Lucas County, OH
Vacancy
2.55%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,176,960
Cap Rate 7%
$5,840,686
Cap Rate 9%
$4,542,756
Alternative Uses
Best Use
Warehouse
$7.09M
$6.21M – $8.27M
NOI $496,458 @ 7.0% cap · market cap 10.31%
Second Best
Industrial
$5.84M
$5.11M – $6.81M
NOI $408,848 @ 7.0% cap · market cap 8.49%
Theoretical Best
Specialty Retail
$14.06M
$12.31M – $16.41M
NOI $984,436 @ 7.0% cap · market cap 20.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
98%
Occupancy
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 43542, OH
4,443
Population
1,571
Households
2.8
Avg Household Size
43
Median Age
52%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
298
Density / Sq Mi
$167,321
Median Household Income
$72,917
Median Earnings
$1,175
Median Rent
$423,000
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Lucas County, OH
Properties on Market for Industrial properties in Lucas County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Eight separate buildings form a largely leased industrial campus near Toledo Express Airport.
Where is this industrial property located?
The property is located at 2705 South Eber Road Monclova, OH.
What is the asking price?
The asking price for this property is $4,814,000.
What are key features of this property?
This property features: Eight‑building industrial portfolio totaling 76,840 square feet; 24.39‑acre site with M‑1 zoning; 98% occupied by 20 tenants
