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    3130 Executive Pkwy Toledo, OH 43606

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    For Lease
    Contact for pricing

    Furnished office spaces available with sweeping views of West Toledo.

    Type:Office
    Property size:
    4,900 SF
    Added:
    Jul 16, 2023
    Days on Market:
    1019
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 3130 Executive Pkwy

    General Information

    Standard status
    Active
    Size
    4,900 SF
    Property subtype
    Office

    Building Details

    Year Built
    1976

    Spaces For Lease

    at 3130 Executive Pkwy Contact us

    Suite 411 $31 /Mo

    Size
    268 SF
    Type
    Office
    Single office with windows. Furnished office space with utilities and internet included....
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    Suite 408 $34 /Mo

    Size
    226 SF
    Type
    Office
    Single office with windows. Furnished office space with utilities and internet included....
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    Contact us

    Suite 407 $33 /Mo

    Size
    251 SF
    Type
    Office
    Single office with windows. Furnished office space with utilities and internet included....
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    Contact us

    Suite 414 $33 /Mo

    Size
    251 SF
    Type
    Office
    Single furnished office with southern view. Price includes utilities, internet, access...
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    Suite 402 $32 /Mo

    Size
    257 SF
    Type
    Office
    Furnished, Executive Style Office in West ToledonSingle office with a window. Furnished...
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    Suite 404 $32 /Mo

    Size
    257 SF
    Type
    Office
    Single office with windows. Furnished office space with utilities and internet included....
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    Contact us

    Suite 410 $33 /Mo

    Size
    246 SF
    Type
    Office
    Single office with windows. Furnished office space with utilities and internet included....
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    Contact us

    Suite 600 $10 /Mo

    Size
    6,077 SF
    Type
    Office
    6th Floor- Former Training Center- Space can be renovated to suit tenant's needs....
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    Contact us

    Suite 500 $10 /Mo

    Size
    6,077 SF
    Type
    Office
    Suite 500-Fifth Floor with expansive views of West Toledo and direct elevator exposure....
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    Suite 412 $31 /Mo

    Size
    265 SF
    Type
    Office
    Single office with windows. Furnished office space with utilities and internet included....
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    Contact us

    Lower Level C $5 /Mo

    Size
    1,554 SF
    Type
    Office
    Open office area- can be refinished. Located in the lower level of the building....
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    Contact us

    Suite 409 $33 /Mo

    Size
    250 SF
    Type
    Office
    Single office with windows. Furnished office space with utilities and internet included....
    show more
    Contact us

    Suite 413 $33 /Mo

    Size
    249 SF
    Type
    Office
    Single office with windows. Furnished office space with utilities and internet included....
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Jeremy Miller

    Listing agent Jeremy Miller License #OH BRKP.2016000379

    Listing office Equity Mill Real Estate

    Listing date Jul 16, 2023

    Source Crexi

    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 Equity Mill Real Estate

    Overview

    Furnished Office Space with Views

    Professional office spaces are available for rent, offering dramatic sweeping views of West Toledo. Executive furnished offices are available from $650 to $995 per month, including internet access. Suite 500, located on the fifth floor, offers expansive views and direct elevator exposure. This 6,077 RSF space (approximately 4,900 USF) was renovated in 2021 and features a reception area, eight offices, a conference room, storage, a file room, and a kitchen. It is in near move-in condition and will be available in Spring 2026 or sooner. Suites 402-414 offer single furnished offices with views, with the price including utilities, internet, access to a conference room, and a kitchenette. A one-year minimum term is preferred. The sixth floor offers up to 6,077 RSF, previously used as a training facility with a large classroom-style space and break area lounge. This space can be renovated to suit tenant specifications. Additionally, a lower-level suite, formerly a conference/meeting space, is available for lease, offering 1,554 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elosophy (Bike/Boat/Book/etc) Store Lori Rokicki, Ph.D. Physician Schaffer & Associates LPA Law Firm Crucible Life Resources ... Counselor Boston Scientific Corporation Medical Supply Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.628932
    Latitude
    41.6779038

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      Retail Space with Drive-Thru Window

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      Toledo Office/Commercial Space For Lease

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      Retail Suite at St. James

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    FAQs

    What type of property is this?
    Office units - Furnished office spaces available with sweeping views of West Toledo.
    Where is this office units located?
    The property is located at 3130 Executive Pkwy Toledo, OH.
    What are key features of this property?
    This property features: Dramatic sweeping views of West Toledo from multiple suites and floors.; Executive furnished offices available, move‑in ready.; All‑inclusive pricing: Utilities, internet, conference room access, and kitchenette included in monthly rent.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeremy Miller
    Real Estate License ID: OH BRKP.2016000379
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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