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Industrial Property in Toledo, OH
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359 Hamilton St, Toledo, OH

10,000 SF industrial property available for sale.

Property Size10,000 SF
Lot Size2.04 Acres
Price / SF$150
Days on Market321

Property Features for 359 Hamilton St

General Information

Standard status Active
Size 10,000 SF
Lot size 2.04 Acres
Property subtype INDUSTRIAL
Listing Agency: Wiens & Roth Real Estate
Listed By: Paul Jacoby Jr.
Source: Moodyscre
Added: Sep 15, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:19AM

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 Wiens & Roth Real Estate

Investment Insights

Based on property information with market context.

This industrial property, located at 359 Hamilton St in Toledo, OH, offers 10,000 square feet of space. The property is suitable for industrial use.

Key Highlights

  • 10,000 SF industrial property
  • Property available for sale

Financial Insights For Industrial

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 $90.0k $9.00
− Vacancy −$3.3k −$0.33
EGI $86.7k $8.67
− OpEx −$26.0k −$2.60
NOI $60.7k $6.07
10,000 SF · lease $9.00/SF/yr · vacancy 3.71% · expense 30.00%

Alternative Uses

Best Use
Industrial
$866.6K
$758.3K – $1.01M (±1% cap)
NOI $60,663 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M (±1% cap)
NOI $116,496 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hoffer Inc Warehouse & Storage Uptown Antiques Home Decor Store Jachs Warehousing & Transportation Warehouse & Storage Daniel F Pilzecker ... Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Auto Parts Store Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

Market

Properties on Market for Industrial properties in Toledo

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - 10,000 SF industrial property available for sale.
Where is this industrial property located?
The property is located at 359 Hamilton St Toledo, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,000 SF industrial property; Property available for sale
(419) 410-7106 Call to check price and availability
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