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    Property profile & analytics

    4042 Bennett Rd Toledo, OH 43612

    • Manufacturing properties
    • 404,599 SF
    • 13.97 lot acres
    For Lease
    View listing
    $4 SF/Yr
    Value Estimation
    $660,000
    Last Sale
    Sep 08, 2023
    $615,000
    Location Intelligence
    Property ID
    US66-1553147
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 4042 Bennett Rd

    Year built
    1927
    Lot size
    13.97 lot acres
    Property size
    404,599 SF
    Zone code
    10-IG
    Property type
    Manufacturing properties
    APN
    18-18207
    APU
    1818207

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $695,000

    • CAP approach

      CAP return
      Estimation
      6%
      $565,000
      6.5%
      $660,000
      7%
      $555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $650,000
      Geo Method
      $530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $615,000
      Retail
      $635,000
      Mixed-Use
      $535,000
      Hospitality
      $675,000
      Educational
      $565,000
      Residential Income
      $590,000
      Energy
      $645,000
      Income-Based Land
      $620,000
      Food Service
      $540,000

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5547
    Latitude
    41.6943
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $41,524
    $121,380
    $324,555
    $445,935
    -
    $346,800
    $927,300
    $1,274,100

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    • $4 SF/Yr
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      Toledo Industrial Manufacturing Space

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      4042 Bennett Rd, Toledo, OH 43612
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    Toledo, OH 43612
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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
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