5625 Enterprise Blvd Toledo, OH 43612
- Retail space
- 17,644 SF
- 2.80 lot acres
Current Use by Public Records
- Roppel Industries Inc / Auto Radiator Repair Service
- Cornell Supply Co. / Industrial Equipment Supplier
Property Details for 5625 Enterprise Blvd
- Year built
- 1968
- Lot size
- 2.80 lot acres
- Property size
- 17,644 SF
- Zone code
- 10-IG
- Property type
- Retail space
- APN
- 23-27491
- APU
- 2327491
Description
This exceptional Class A office building, located at 5625 Enterprise Boulevard in Toledo, Ohio, presents a fantastic leasing opportunity. The single-story, 17,644 square foot building, constructed in 1968 and renovated in 1982, sits on a generous 2.82-acre lot. Currently, 2,000 square feet of office space is immediately available for lease within this multi-tenant building. The property boasts four loading docks and four drive-in bays, catering to efficient logistics. While there are no elevators, the single-story design ensures easy accessibility. Ample shared parking is available for tenants and their clients. The building is zoned for General Industrial use, offering flexibility for a variety of businesses. Its strategic location just south of Alexis Road, a major Toledo thoroughfare with numerous retail and restaurant options, provides excellent visibility and convenience. Furthermore, the property enjoys proximity to the I-75 interchange, only one mile west, ensuring easy access to major transportation routes. The Lucas County property (APN 2327491) offers a blend of functionality and prime location, making it an ideal choice for businesses seeking a well-maintained and conveniently situated office space in Toledo. The zip code is 43612.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $650,000
- 7%
- $665,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $685,000
- Geo Method
- $695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $610,000
- Retail
- $665,000
- Mixed-Use
- $630,000
- Hospitality
- $575,000
- Educational
- $670,000
- Residential Income
- $740,000
- Energy
- $640,000
- Income-Based Land
- $595,000
- Food Service
- $705,000
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.5207
- Latitude
- 41.72
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
