Industrial Warehouse with
For Sale
Contact for pricing
5155 Telegraph Rd, Toledo, OH 43612
Vacant 6,000 sf industrial building on a 3.6-acre parcel with two drive-in doors and 10 to 20 foot clear heights.
Property Size6,000 SF
Price / SF$116.67
Days on Market235
Property Features for 5155 Telegraph Rd
General Information
Standard status
Active
Size
6,000 SF
Class
B
Property subtype
Industrial
Zoning
IG
Investment Type
Owner/User
Building Details
Year Built
1939
Year Renovated
2005
Listing Agency:
IronHorn Enterprises
Listed By:
Ryan Jenkins · License #0225268974
Source:
Crexi
Added: Feb 26
Changed: Oct 5
Last Checked: Oct 19 at 7:05AM
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 IronHorn Enterprises
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Investment Insights
Based on property information with market context.
5155 Telegraph Road offers a fully vacant industrial building with a flexible warehouse/service configuration on a 3.6-acre parcel. The 6,000-square-foot structure was originally built in 1939 and renovated in 2005, and it features clear heights ranging from 10’ to 20’ with two drive-in doors for convenient loading and operations. The site includes expansive yard space suitable for parking and outdoor storage.
The property is positioned along Telegraph Road (US-24), providing direct connectivity to I-475 and the broader highway network serving Northwest Ohio and into Southeast Michigan. This corridor access supports practical day-to-day distribution and service requirements for industrial tenants.
With immediate availability and functional warehouse improvements, the property may fit a range of industrial and light manufacturing-oriented uses that benefit from yard space and straightforward loading access.
The property is positioned along Telegraph Road (US-24), providing direct connectivity to I-475 and the broader highway network serving Northwest Ohio and into Southeast Michigan. This corridor access supports practical day-to-day distribution and service requirements for industrial tenants.
With immediate availability and functional warehouse improvements, the property may fit a range of industrial and light manufacturing-oriented uses that benefit from yard space and straightforward loading access.
Key Highlights
- Fully vacant 6,000 SF industrial building on a 3.6‑acre parcel with immediate availability
- Built in 1939 and renovated in 2005
- Clear heights range from 10’ to 20’
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,197
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,940
$883.9K
Cap Rate 7%
$631,386
$631.4K
Cap Rate 9%
$491,078
$491.1K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$54.0K $9.00/SF
− Vacancy
−$2.0K −$0.33/SF
EGI
$52.0K $8.67/SF
− OpEx
−$7.8K −$1.30/SF
NOI
$44.2K $7.37/SF
Area
Toledo, OH
Vacancy
3.71%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,940
Cap Rate 7%
$631,386
Cap Rate 9%
$491,078
Alternative Uses
Best Use
Warehouse
$631.4K
$552.5K – $736.6K
NOI $44,197 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$998.5K
$873.7K – $1.16M
NOI $69,898 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43612, OH
29,718
Population
13,409
Households
2.2
Avg Household Size
35
Median Age
13%
College-Educated
90%
High-School Grad
11.5 sq mi
ZIP Area
2,584
Density / Sq Mi
$50,484
Median Household Income
$33,770
Median Earnings
$976
Median Rent
$89,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- U-Pack — 307 Dura Ave, Toledo, OH 43612
- LOCK -IT-UP SELF STORAGE — 5401 Telegraph Rd, Toledo, OH 43612
Frequently Asked Questions
What type of property is this?
Warehouse - Vacant 6,000 sf industrial building on a 3.6-acre parcel with two drive-in doors and 10 to 20 foot clear heights.
Where is this warehouse located?
The property is located at 5155 Telegraph Rd Toledo, OH.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fully vacant 6,000 SF industrial building on a 3.6‑acre parcel with immediate availability; Built in 1939 and renovated in 2005; Clear heights range from 10’ to 20’
