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    328 Westwood Ave Toledo, OH 43607

    For Lease
    $3 SF/Yr

    Prime Toledo warehouse, newly remodeled. Excellent location & access.

    Lot size:
    262,322 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 262,322 square foot industrial warehouse, located at 328 N. Westwood Avenue in Toledo, Ohio, presents a unique opportunity for businesses seeking a strategically located and recently upgraded facility. The property is classified as a single-tenant warehouse and distribution center within Lucas County. A complete roof replacement was completed in 2022, ensuring long-term structural integrity. The warehouse boasts four loading docks, facilitating efficient loading and unloading operations. The interior features a spacious layout with 20' x 40' column spacing, maximizing usable floor area and providing flexibility for various operational configurations. The clear height of 17 feet offers ample vertical space for storage and handling of goods. Multiple layout options are available to accommodate diverse business needs. This prime location offers exceptional accessibility, situated within one mile of the University of Toledo and within five miles of the crucial transportation arteries of I-75 and US-23, providing seamless connectivity to regional and national distribution networks. This property is ideal for businesses requiring a large, well-maintained warehouse space with convenient access to major transportation routes and a thriving urban environment.

    Property Features for 328 Westwood Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    262,322 SF
    Total Rate
    76510.58

    Unit(s) available at that property

    Space
    Size
    80,350 SF
    Rate per SF
    $3

    HighLights

    • High‑traffic location on Westwood Blvd with excellent visibility.
    • Recently renovated space with modern finishes.
    • Flexible floor plan suitable for various uses.
    • Ample on‑site parking available for tenants and clients.
    • Competitive lease rates in a desirable Westwood location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pro Quo Books Distribution Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.606654699166
    Latitude
    41.64225587455

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    FAQs

    What type of property is this?
    Distribution property - Prime Toledo warehouse, newly remodeled. Excellent location & access.
    Where is this distribution property located?
    The property is located at 328 Westwood Ave Toledo, OH.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location on Westwood Blvd with excellent visibility.; Recently renovated space with modern finishes.; Flexible floor plan suitable for various uses.
    Request Owner's contact information
    328 Westwood Ave Toledo, OH 43607
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    Toledo, OH 43607
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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
    328 Westwood Ave Toledo, OH 43607
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