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    3532 Lagrange St Toledo, OH 43608

    Sponsored
    For Sale
    $295,000

    Toledo Warehouse, $295,000

    Property size:
    5,496 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two buildings totaling 5,496 square feet on a 0.51-acre lot in Toledo, Ohio. The property, situated at 3532, 3540, 3544, and 3548 Lagrange Street, boasts 225 feet of prime street frontage, ensuring high visibility. Originally used as an auto repair facility and used car lot, the main building (3532 Lagrange) offers 4,696 square feet of space, featuring 12'x10' and 12'x18' overhead doors, alignment stations, hydraulic lifts, and an air compressor. A separate 800-square-foot office building (3540 Lagrange) is also included, complete with a newer roof. The property features a secured, fenced, and paved lot, adding to its functionality and security. Built in 1946, the buildings are classified as Class C and sit on four parcels (APN: 10-10751, -44, -41, -34). Ceiling heights range from 10 to 14 feet. The property is zoned C-Commercial Garage, offering flexibility for various uses. Priced at $295,000, this translates to $53.68 per square foot, making it a compelling investment in a desirable Toledo location. The single-tenant property presents a strong foundation for future growth and income generation.

    Property Features for 3532 Lagrange St

    General Information

    Property type
    Distribution properties
    Square Feet
    5,496 SF
    Class
    C
    Lot Size
    22,216 SF

    Building Details

    Year Built
    1946
    Buildings
    2
    Stories
    1

    HighLights

    • Former auto repair shop and used car lot.
    • High visibility with 225 feet of frontage on Lagrange Street.
    • Two buildings on four parcels totaling approximately 0.51 acres.
    • 4,696 square foot main building with overhead doors, lifts, and repair equipment.
    • 800 square foot office building with a newer roof.
    • Securely fenced and paved lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Darrow's Automotive Services Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.543722
    Latitude
    41.687142

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    FAQs

    What type of property is this?
    Distribution property - Toledo Warehouse, $295,000
    Where is this distribution property located?
    The property is located at 3532 Lagrange St Toledo, OH.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Former auto repair shop and used car lot.; High visibility with 225 feet of frontage on Lagrange Street.; Two buildings on four parcels totaling approximately 0.51 acres.
    Request Owner's contact information
    3532 Lagrange St Toledo, OH 43608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3532 Lagrange St Toledo, OH 43608
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