Fenced-Lot Auto
For Sale
$490,000
3554 Marine Rd, Toledo, OH 43609
Industrial-zoned facility with compressor airlines, a secure fenced lot, and covered storage.
Property Size6,340 SF
Price / SF$77.29
Days on Market10
Property Features for 3554 Marine Rd
General Information
Standard status
Active
Size
6,340 SF
Total Parking Spaces
7
Property subtype
Industrial, Retail
Zoning
IL
Additional Details
Fenced Yard
Yes
Amenities
Compressor airlines throughout
Additional covered storage area
Building Details
Building Size
6,340 SF
Year Built
1979
Stories
1
Listing Agency:
Signature Associates - Toledo
(419) 290-8334
Listed By:
Keenan Fields
(419) 290-8334
Source:
Cpix.resimplifi
Added: Jul 24
Changed: Aug 2
Last Checked: Aug 2 at 6:51AM
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.
The 6,340-square-foot auto shop was built in 1979 and includes compressor airlines throughout the building. The property also provides a fenced secure lot and an additional covered storage area. Zoned IL, the facility formerly housed Whaley & Son Collision for over 44 years.
The property is located at 3554 Marine Rd in Toledo, Ohio 43609. Its combination of shop infrastructure, secured outdoor space, and covered storage provides a clear physical configuration for automotive operations.
The property is located at 3554 Marine Rd in Toledo, Ohio 43609. Its combination of shop infrastructure, secured outdoor space, and covered storage provides a clear physical configuration for automotive operations.
Key Highlights
- 6,340‑square‑foot auto shop built in 1979
- Compressor airlines installed throughout the building
- Fenced secure lot
Financial Insights For Retail
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 | $63.9k | $10.08 |
| − Vacancy | −$4.9k | −$0.77 |
| EGI | $59.1k | $9.31 |
| − OpEx | −$17.7k | −$2.79 |
| NOI | $41.3k | $6.52 |
6,340 SF · lease $10.08/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$590.5K
$516.7K – $688.9K
NOI $41,335 @ 7.0% cap · market cap 8.44%
Second Best
Industrial
$549.4K
$480.8K – $641.0K
NOI $38,460 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$1.06M
$923.2K – $1.23M
NOI $73,858 @ 7.0% cap · market cap 15.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
60k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
Circle K
Shops & Services
24,019 visits/mo
0.4 miles
Taco Bell
Dining
14,204 visits/mo
0.4 miles
Dunkin' Donuts
Dining
11,457 visits/mo
0.5 miles
Shell
Shops & Services
10,771 visits/mo
0.5 miles
Demographics for 43609, OH
20,519
Population
10,272
Households
2
Avg Household Size
34
Median Age
11%
College-Educated
79%
High-School Grad
4.8 sq mi
ZIP Area
4,275
Density / Sq Mi
$42,510
Median Household Income
$32,819
Median Earnings
$913
Median Rent
$58,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- LUBE MART — 3561 Airport Hwy, Toledo, OH 43609
- Brothers Auto Repair Mechanics and used tires — 723 S Byrne Rd, Toledo, OH 43609
- A to Z Auto — 3535 Airport Hwy, Toledo, OH 43609
- Bargain Towing & Services — 733 S Byrne Rd, Toledo, OH 43609
- Mark Lubinski's Garage — 4004 Airport Hwy, Toledo, OH 43615
Frequently Asked Questions
What type of property is this?
Auto shop - Industrial-zoned facility with compressor airlines, a secure fenced lot, and covered storage.
Where is this auto shop located?
The property is located at 3554 Marine Rd Toledo, OH.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 6,340‑square‑foot auto shop built in 1979; Compressor airlines installed throughout the building; Fenced secure lot
