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    4428 Secor Rd Toledo, OH 43623

    Sponsored
    For Sale
    $385,000

    Toledo Office Space - 13,214 SF

    Property size:
    13,214 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,214 square foot traditional office building in Toledo, Ohio, presents a compelling investment opportunity. Located at 4428 Secor Road, this property offers immediate availability and boasts a strong 9.12% capitalization rate based on current income. The building is ideally suited for owner-occupancy, with flexible suite configurations ranging up to 3,591 square feet. Ample parking is provided with approximately 67 on-site spaces, ensuring convenience for employees and clients. Its strategic location offers easy access to I-475, placing it within a short distance of major transportation routes. The surrounding area features a vibrant mix of retail establishments, including Jing Chuan, West Toledo Animal Hospital, Toledo Thai Restaurant, Taco Bell, Walgreens, Kroger, and Best Buy, enhancing visibility and attracting potential tenants. The asking price is $385,000, translating to a price per square foot of $29.14. Detailed financial information is available upon request for qualified buyers. This property is situated on the east side of Secor Road, less than a mile from the I-475 interchange in the 43623 zip code of Lucas County. This presents a rare chance to acquire a well-located, income-producing office building in a thriving Toledo neighborhood.

    Property Features for 4428 Secor Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    13,214 SF

    HighLights

    • $385,000 asking price for a 13,214 square foot office building.
    • Traditional office building with a price per square foot of $29.14.
    • 9.12% capitalization rate based on current income.
    • Up to 3,591 square feet of immediately available first‑floor office space.
    • Multiple suite configurations available.
    • Ample on‑site parking (approximately 67 spaces).
    Property Profile Location Intelligence

    Current Use by Public Records

    Sales College of NWO College Academy of Medicine of Toledo ... Medical School Better Sleep Labs Sleep Clinic Kidz Being Kidz ... Day Care Center Toledo Home Healthcare ... Home Health Care Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -83.6229122
    Latitude
    41.69832

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    FAQs

    What type of property is this?
    Office Property / Space - Toledo Office Space - 13,214 SF
    Where is this office property / space located?
    The property is located at 4428 Secor Rd Toledo, OH.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: $385,000 asking price for a 13,214 square foot office building.; Traditional office building with a price per square foot of $29.14.; 9.12% capitalization rate based on current income.
    (419) 794-3961
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    4428 Secor Rd Toledo, OH 43623
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    Toledo, OH 43623
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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
    4428 Secor Rd Toledo, OH 43623
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