Property profile

13 11Th St Toledo, OH 43604

OFF-MARKET
Warehouses
11,588 SF 0.56 ac lot Built 1925
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Property summary

AI-generated overview

This exceptional industrial property, located at 13 11th Street in Toledo, Ohio, presents a compelling investment opportunity. The 11,588 square foot building, constructed in 1925 and renovated in 1952, sits on a 0.56-acre lot boasting significant street frontage: 100 feet on Washington Street and 200 feet on 11th Street, plus an additional 20' x 100' access drive off 12th Street. The property features a single-story structure with a convenient layout combining 1,588 square feet of showroom space and 10,000 square feet of warehouse area. Three dock-high loading doors (measuring 10' x 12', 12' x 16', and 20' x 16') facilitate efficient loading and unloading. The warehouse boasts ceiling heights ranging from 14 to 16 feet, providing ample vertical space. The showroom and a substantial portion of the warehouse benefit from central heating and air conditioning. Ample parking is available with 18 paved spaces. The property is zoned IL-Limited Industrial and is conveniently situated near the I-75 expressway exit, offering easy access to major transportation routes. The asking price is $495,000, translating to a land value of $42.72 per square foot. The property's central business district (CBD) location and substantial size make it an ideal choice for a variety of industrial and distribution uses. Parcel numbers are 12-18181 & 12-00402.

Property profile

Verified
Property type Warehouses
Year built 1925
Total area 11,588 SF
Lot 0.56 ac (24,394 SF)

Cap rate & NOI

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

Location

13 11Th St Toledo, OH 43604
Toledo metro
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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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