Truck Terminal and
4431 South Ave Toledo, OH 43615
4431 South Ave, Toledo, OH, 43615
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For Sale
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Truck terminals on open acreage with warehouse, office, and garage space for industrial operations.
Property Size12,400 SF
Lot Size6.70 Acres
Price / SF$128.23
Days on Market419
Property Features for 4431 South Ave
General Information
- Standard status
- Active
- Size
- 12,400 SF
- Lot size
- 6.70 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 4431 South Ave Contact us
Listing agency
Reichle | Klein Group
(419) 283-2313
Listed by
Jerry Malek, CCIM, SIOR
(419) 283-2313
Source
Moodyscre
Added: May 30, 2025 Updated: Jul 22 at 10:56AM Checked: Jul 22 at 10:56AM
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 Reichle | Klein Group
Investment Insights
Based on property information with market context.
This truck terminal and warehouse property is set on open land designed to support straightforward vehicle movement. The site includes centrally located truck terminals, with truck and trailer availability on both the east and west sides of the property.
The property features 8,800 SF of warehouse space, 960 SF of office space, and 2,640 SF of garage. Located on South Ave., it offers the functional layout needed for industrial access and operations.
The combination of warehouse, office, and garage improvements alongside open acreage and terminal placement provides a practical configuration for businesses that require on-site truck handling and storage.
The property features 8,800 SF of warehouse space, 960 SF of office space, and 2,640 SF of garage. Located on South Ave., it offers the functional layout needed for industrial access and operations.
The combination of warehouse, office, and garage improvements alongside open acreage and terminal placement provides a practical configuration for businesses that require on-site truck handling and storage.
Key Highlights
- 6.7‑acre open property offers easy ingress and egress for industrial operations
- Truck terminals located in the center of the property with truck/trailer access on both east and west sides
- 8,800 SF warehouse plus 960 SF office space for operational needs
Local Financial Insights For Warehouse
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 | $111.6k | $9.00 |
| − Vacancy | −$4.1k | −$0.33 |
| EGI | $107.5k | $8.67 |
| − OpEx | −$16.1k | −$1.30 |
| NOI | $91.3k | $7.37 |
12,400 SF · lease $9.00/SF/yr · vacancy 3.71% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,341 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$1.07M
$940.3K – $1.25M
NOI $75,222 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,455 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
YRC Freight
Trucking Company
Similar For Sale Nearby
FAQs
What type of property is this?
Truck terminal - Truck terminals on open acreage with warehouse, office, and garage space for industrial operations.
Where is this truck terminal located?
The property is located at 4431 South Ave Toledo, OH.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: 6.7‑acre open property offers easy ingress and egress for industrial operations; Truck terminals located in the center of the property with truck/trailer access on both east and west sides; 8,800 SF warehouse plus 960 SF office space for operational needs
