Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1045 Matzinger Rd Toledo, OH 43612

    • Truck terminals
    • 7,200 SF
    • 2.71 lot acres
    For Lease
    View listing
    $7 SF/Yr
    Value Estimation
    $230,000
    Last Sale
    Sep 23, 2024
    $215,000
    Location Intelligence
    Property ID
    US66-6304252
    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

    • Tri-Dim Filter Corporation / Auto Parts Store / Electrician

    Property Details for 1045 Matzinger Rd

    Year built
    1965
    Lot size
    2.71 lot acres
    Property size
    7,200 SF
    Zone code
    10-IG
    Property type
    Truck terminals
    APN
    22-80574
    APU
    2280574

    Description

    This exceptional single-tenant industrial property, located in Lucas County, offers 7,200 square feet of warehouse space situated on a 2.5-acre lot. Built in 1965 and extensively renovated in 2024, this Class C building boasts a 15-foot ceiling height, perfect for various distribution needs. The property features twelve loading docks and one drive-in door, ensuring efficient loading and unloading operations. Heavy power is available to support demanding operations. The property's ample space and convenient features make it ideal for logistics and distribution businesses. The landlord is open to providing tenant improvements and build-to-suit options, offering flexibility to tailor the space to specific operational requirements. Access to product forwarding and third-party logistics (3PL) services is also available, streamlining operations and enhancing efficiency. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with significant potential for growth and success. The single-story building provides easy access and maneuverability, while the substantial land area allows for future expansion or additional development. This property represents a compelling investment opportunity in a thriving industrial market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $260,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $305,000
      Mixed-Use
      $295,000
      Hospitality
      $235,000
      Educational
      $245,000
      Residential Income
      $310,000
      Energy
      $245,000
      Income-Based Land
      $265,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5217
    Latitude
    41.7074
    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
    $8,612
    $11,655
    $68,670
    $80,325
    -
    $33,300
    $196,200
    $229,500

    Comparable in this City

    • Value Estimation by Request
      11,176 SF

      4021 Creekside Ave

      TRUCK TERMINAL (MOTOR FREIGHT) • 11,176 SF
      4021 Creekside Ave, Toledo, OH 43612-1407
      View Details
    • Value Estimation by Request
      14,440 SF

      6180 Benore Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 14,440 SF
      6180 Benore Rd, Toledo, OH 43612-4801
      View Details
    • Value Estimation
      $190,000
      4,440 SF

      31 Laskey Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 4,440 SF
      31 Laskey Rd, Toledo, OH 43612
      View Details
    • Value Estimation
      $340,000
      12,100 SF

      5657 Enterprise Blvd

      TRUCK TERMINAL (MOTOR FREIGHT) • 12,100 SF
      5657 Enterprise Blvd, Toledo, OH 43612-3816
      View Details
    • Value Estimation by Request
      89,299 SF

      1507 Matzinger Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 89,299 SF
      1507 Matzinger Rd, Toledo, OH 43612
      View Details
    • Value Estimation by Request
      11,040 SF

      502 Matzinger Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 11,040 SF
      502 Matzinger Rd, Toledo, OH 43612-2629
      View Details

    Similar Nearby for Sale

    • $1,500,000
      21,463 SF

      Lagrange Street Warehouse - Toledo, OH

      Industrial Warehouse, 21,463 SF, Owner/User
      4310 Lagrange St, Toledo, OH 43612
      View Details
    • $1,099,000
      33,985 SF

      Toledo Industrial Building For Sale

      33,985 SF industrial building in prime North Toledo location.
      5405 Telegraph Rd, Toledo, OH 43612
      View Details
    • $2,400,000
      24,378 SF

      Toledo Industrial Asset For Sale

      Single-tenant industrial asset with a strong tenant in Toledo, OH.
      501 Phillips Ave, Toledo, OH 43612
      View Details
    • $1,200,000
      29,052 SF

      Toledo Warehouse: Industrial Investment Opportunity

      29,052 SF Warehouse, $1.2M
      220 Dura Ave, Toledo, OH 43612
      View Details
    • Contact for pricing
      99,408 SF

      99,408 SF Manufacturing Building

      Manufacturing building on 12.1 acres with heavy power.
      911 Matzinger Rd, Toledo, OH 43612
      View Details
    • $175,000
      7,084 SF

      Toledo Industrial Property For Sale

      7,084 SF industrial property in Toledo, close to expressway.
      3820 Lagrange St, Toledo, OH 43612
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      230,000 SF

      Industrial Warehouse with Truck Docks

      309,968 SF industrial warehouse with abundant truck docks.
      1420-1435 Matzinger Rd, Toledo, OH 43612
      View Details
    • $6 SF/Yr
      309,968 SF

      Prime Toledo Warehouse Space

      309,968 SF Industrial Warehouse, 28.5 Acres
      1435 Matzinger Rd, Toledo, OH 43612
      View Details
    • Contact for pricing
      21,463 SF

      Lagrange Street Warehouse Space Available

      Toledo Warehouse: 6,000-7,500 SF Units
      4310 Lagrange St, Toledo, OH 43612
      View Details
    • Contact for pricing
      853,824 SF

      Toledo Trade Center: Building 1

      Class A Industrial Space Available in Toledo, OH
      401 New Towne Square Dr, Toledo, OH 43612
      View Details
    • $7 SF/Yr
      7,200 SF

      Prime Lucas County Warehouse

      7,200 SF Warehouse, 2.5 Acres
      1045 Matzinger Rd, Toledo, OH 43612
      View Details
    • $4 SF/Yr
      66,742 SF

      Warehouse Space Near I-75

      66,742 SF warehouse with convenient highway access.
      3863 Lagrange St, Toledo, OH 43612
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1045 Matzinger Rd
    Toledo, OH 43612
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.