1420 Township Road 428 Toronto, OH 43964
This exceptional owner-user opportunity presents a 12,456-square-foot industrial property in Toronto, Ohio, listed at $199,000. The property consists of two buildings, totaling 12,456 net rentable square feet, situated on a 2.79-acre lot. Built in 1975, the property features nine loading docks and two oversized partition doors, ideal for warehouse or manufacturing operations. The main building served as a long-established auto repair facility, boasting five car lifts and one heavy-duty lift (12,000 lbs capacity). The workshop area benefits from a cost-effective waste oil furnace. The roof has been recently replaced. Included is a separate rental home with central air conditioning and an attached garage. The office space within the main building offers three rooms, a half bath, and a shower, all with central air conditioning and oil heat. A large paved parking area surrounds the buildings. This property offers a unique blend of industrial space and rental income potential, making it an attractive investment for owner-occupiers. The price per square foot is $15.98, and the price per unit is $99,500. This is a rare opportunity to acquire a well-maintained, established industrial property with significant potential.
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Rex’s Auto Shop Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.