Standalone Flex
For Sale
Contact for pricing
5120 Jackman Road, Toledo, OH 43613
Office, showroom, and service areas support varied commercial operations with secured rear access.
Property Size8,700 SF
Price / SF$149.43
Days on Market51
Property Features for 5120 Jackman Road
General Information
Standard status
Active
Size
8,700 SF
Property subtype
Industrial
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Office Build-Out
8,700 SF
Power
800 amps
Voltage
208 V
Three-Phase Power
Yes
Amenities
Conference/Break Rooms with Kitchenette
Generac Stand-by Generator
Building Details
Buildings
1
Building Size
8,700 SF
Listing Agency:
Reichle | Klein Group
Listed By:
Gary Micsko · License #OH 2002009695
(419) 290-8644
Source:
Crexi
Added: Sep 2
Changed: Oct 4
Last Checked: Oct 20 at 5:51PM
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
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Investment Insights
Based on property information with market context.
This standalone flex property includes 8,700 square feet of office area arranged with open work areas, private offices, a showroom, conference rooms, break rooms, and a kitchenette. The building also provides numerous grade-level doors, 800-amp service, and 120/208V 3-phase power. A Generac standby generator supports the facility, while the rear portion is fenced and gated.
Located at 5120 Jackman Road in Toledo, Ohio, the property includes extensive paved areas for circulation and on-site operations. The combination of office, showroom, power, loading access, and secured rear space creates a flexible commercial configuration for users requiring both administrative and operational areas.
Located at 5120 Jackman Road in Toledo, Ohio, the property includes extensive paved areas for circulation and on-site operations. The combination of office, showroom, power, loading access, and secured rear space creates a flexible commercial configuration for users requiring both administrative and operational areas.
Key Highlights
- 8,700 SF of office space with open areas, private offices, showroom, conference rooms, break rooms, and kitchenette
- 800 Amp, 120/208V 3‑Phase electrical service
- Numerous grade‑level doors for operational access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,181
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,620
$1.6M
Cap Rate 7%
$1,131,157
$1.1M
Cap Rate 9%
$879,789
$879.8K
Market Conditions
NOI Build-Up for 8,700 SF
Gross rent
$130.5K $15.00/SF
− Vacancy
−$24.9K −$2.87/SF
EGI
$105.6K $12.14/SF
− OpEx
−$26.4K −$3.03/SF
NOI
$79.2K $9.10/SF
Area
Toledo, OH
Vacancy
19.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,620
Cap Rate 7%
$1,131,157
Cap Rate 9%
$879,789
Alternative Uses
Best Use
Office B
$1.13M
$989.8K – $1.32M
NOI $79,181 @ 7.0% cap · market cap 6.09%
Second Best
Flex RnD
$774.6K
$677.8K – $903.7K
NOI $54,220 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,352 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43613, OH
32,116
Population
14,376
Households
2.2
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
6.1 sq mi
ZIP Area
5,265
Density / Sq Mi
$63,425
Median Household Income
$41,877
Median Earnings
$895
Median Rent
$125,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, and service areas support varied commercial operations with secured rear access.
Where is this flex space located?
The property is located at 5120 Jackman Road Toledo, OH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 8,700 SF of office space with open areas, private offices, showroom, conference rooms, break rooms, and kitchenette; 800 Amp, 120/208V 3‑Phase electrical service; Numerous grade‑level doors for operational access
