Industrial Property in Toledo,
For Sale
Contact for pricing
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 Market387
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
(734) 777-0490
Listed By:
Paul Jacoby Jr.
(419) 410-7106
Source:
Moodyscre
Added: Sep 15, 2025
Changed: Oct 3
Last Checked: Oct 5 at 6:50PM
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
Estimated NOI and Cap Rate
NOI / Yr
$60,663
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,260
$1.2M
Cap Rate 7%
$866,614
$866.6K
Cap Rate 9%
$674,033
$674.0K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$90.0K $9.00/SF
− Vacancy
−$3.3K −$0.33/SF
EGI
$86.7K $8.67/SF
− OpEx
−$26.0K −$2.60/SF
NOI
$60.7K $6.07/SF
Area
Toledo, OH
Vacancy
3.71%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,260
Cap Rate 7%
$866,614
Cap Rate 9%
$674,033
Alternative Uses
Best Use
Industrial
$866.6K
$758.3K – $1.01M
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
NOI $116,496 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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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
