Property profile

1420 Township Road 428 Toronto, OH 43964

OFF-MARKET
Warehouses
12,456 SF 2.79 ac lot Built 1975
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1975
Total area 12,456 SF
Lot 2.79 ac (121,532 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store

Location

1420 Township Road 428 Toronto, OH 43964
Toronto metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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