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    4042 Bennett Rd Toledo, OH 43612

    Sponsored
    For Lease
    $4 SF/Yr

    Large industrial space, flexible lease options.

    Lot size:
    404,599 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional manufacturing facility, the Toledo 422 Building, offers a prime opportunity for businesses seeking substantial space in a strategic location. Located at 4042 Bennett Rd, Toledo, OH 43612, this 404,599 square foot building boasts a rich history, having been constructed in 1927 and extensively renovated in 2023. The property is zoned M-2 and situated in Lucas County, offering easy access to major transportation routes. Less than half a mile from I-75 exit, it enjoys proximity to the Chrysler Jeep plant, placing it in the heart of North Toledo's thriving industrial sector. The entire property is securely fenced. The building offers flexible lease options, with the owner willing to subdivide spaces ranging from 30,000 square feet to 100,000 square feet to accommodate various business needs. The facility features robust infrastructure, including 480 Volt, 200 AMP, 3-phase power (with upgrade potential), a dry sprinkler system for safety, and generous bay sizes of 50' x 20'. Ceiling heights range from 13' to 20', and the property includes two 5-ton bridge cranes, enhancing operational efficiency. December occupancy is available. This is an unparalleled opportunity to secure a well-maintained, strategically located industrial space in a dynamic market.

    Property Features for 4042 Bennett Rd

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    404,599 SF
    Total Rate
    134866.33

    Building Details

    Year Built/Renovated
    1927/2023

    Unit(s) available at that property

    Space
    Space 1
    Size
    404,599 SF
    Rate per SF
    $4

    HighLights

    • 404,599 SF manufacturing facility at 4042 Bennett Rd, Toledo, OH 43612.
    • M‑2 zoning in Lucas County, near I‑75 and the Chrysler Jeep plant.
    • Securely fenced property with flexible lease options (30,000‑100,000 SF).
    • Features 480 Volt, 200 AMP, 3‑phase power, dry sprinkler system, 50' x 20' bays, 13'-20' ceiling heights, and two 5‑ton bridge cranes.
    • December occupancy available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.554336
    Latitude
    41.694333

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    FAQs

    What type of property is this?
    Manufacturing property - Large industrial space, flexible lease options.
    Where is this manufacturing property located?
    The property is located at 4042 Bennett Rd Toledo, OH.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 404,599 SF manufacturing facility at 4042 Bennett Rd, Toledo, OH 43612.; M-2 zoning in Lucas County, near I-75 and the Chrysler Jeep plant.; Securely fenced property with flexible lease options (30,000-100,000 SF).
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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
    4042 Bennett Rd Toledo, OH 43612
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