Manufacturing Property Near Regional
For Sale
$510,366
5453 Roan Rd., Sylvania, OH 43560
Located in Sylvania with access to Interstate 475, U.S. Route 23, and the Ohio Turnpike.
Property Size7,200 SF
Days on Market82
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Property Features for 5453 Roan Rd.
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Industrial - Manufacturing
Additional Details
Highway Access
Yes
Building Details
Building Size
7,200 SF
Year Built
1987
Units
3
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Hunter Rupp · License #6501437404
(567) 290-2012
Source:
Commercialcafe
Added: Jul 26
Changed: Oct 4
Last Checked: Oct 14 at 8:25PM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This manufacturing property is located at 5453 Roan Rd. in Sylvania, Ohio, and was built in 1987. The surrounding area is an established suburban community within the greater Toledo metropolitan area, with residential neighborhoods, retail, dining, healthcare, professional services, parks, and recreational facilities nearby.
Regional connectivity is supported by access to Interstate 475, U.S. Route 23, and the Ohio Turnpike. The property is also positioned within the Northwest Ohio market, with Toledo, Toledo Express Airport, and regional employment centers identified as nearby destinations. The surrounding community includes mature landscaping and primarily single-family residential development.
Regional connectivity is supported by access to Interstate 475, U.S. Route 23, and the Ohio Turnpike. The property is also positioned within the Northwest Ohio market, with Toledo, Toledo Express Airport, and regional employment centers identified as nearby destinations. The surrounding community includes mature landscaping and primarily single-family residential development.
Key Highlights
- Manufacturing property at 5453 Roan Rd., Sylvania, OH 43560
- Built in 1987
- Access to Interstate 475, U.S. Route 23, and the Ohio Turnpike
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,310
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,200
$766.2K
Cap Rate 7%
$547,286
$547.3K
Cap Rate 9%
$425,667
$425.7K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$56.2K $7.80/SF
− Vacancy
−$1.4K −$0.20/SF
EGI
$54.7K $7.60/SF
− OpEx
−$16.4K −$2.28/SF
NOI
$38.3K $5.32/SF
Area
Lucas County, OH
Vacancy
2.55%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,200
Cap Rate 7%
$547,286
Cap Rate 9%
$425,667
Alternative Uses
Best Use
Industrial
$547.3K
$478.9K – $638.5K
NOI $38,310 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,243 @ 7.0% cap · market cap 18.07%
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
Highway access
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
Demographics for 43560, OH
34,204
Population
13,107
Households
2.6
Avg Household Size
42
Median Age
53%
College-Educated
98%
High-School Grad
21.2 sq mi
ZIP Area
1,613
Density / Sq Mi
$104,865
Median Household Income
$59,940
Median Earnings
$1,102
Median Rent
$262,200
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
Frequently Asked Questions
What type of property is this?
Manufacturing property - Located in Sylvania with access to Interstate 475, U.S. Route 23, and the Ohio Turnpike.
Where is this manufacturing property located?
The property is located at 5453 Roan Rd. Sylvania, OH.
What is the asking price?
The asking price for this property is $510,366.
What are key features of this property?
This property features: Manufacturing property at 5453 Roan Rd., Sylvania, OH 43560; Built in 1987; Access to Interstate 475, U.S. Route 23, and the Ohio Turnpike
