Industrial Warehouse with
5155 Telegraph Rd Toledo, OH 43612
5155 Telegraph Rd, Toledo, OH, 43612
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For Sale
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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 Market145
Property Features for 5155 Telegraph Rd
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1939
Listing agency
IronHorn Enterprises
Listed by
Ryan Jenkins · License #0225268974
Source
Crexi
Added: Feb 26 Updated: Jul 20 at 5:24PM Checked: Jul 20 at 5:24PM
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
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’
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 | $54.0k | $9.00 |
| − Vacancy | −$2.0k | −$0.33 |
| EGI | $52.0k | $8.67 |
| − OpEx | −$7.8k | −$1.30 |
| NOI | $44.2k | $7.37 |
6,000 SF · lease $9.00/SF/yr · vacancy 3.71% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$631.4K
$552.5K – $736.6K
NOI $44,197 @ 7.0% cap · market cap 6.31%
Second Best
Industrial
$520.0K
$455.0K – $606.6K
NOI $36,398 @ 7.0% cap · market cap 5.20%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
Similar Off Market Nearby
- LOCK -IT-UP SELF STORAGE — 5401 Telegraph Rd, Toledo, OH 43612
- U-Pack — 307 Dura Ave, Toledo, OH 43612
FAQs
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’
