Property profile

1045 Matzinger Rd Toledo, OH 43612

FOR LEASE
Truck terminals
Property ID
US66-6304252
7,200 SF 2.71 ac lot Built 1965
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard
1045 Matzinger Rd, Toledo, OH 43612 For Lease
Contact for pricing 7,200 SF available
1045 Matzinger Rd, Toledo, OH 43612
View Listing →

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1965
Total area 7,200 SF
Lot 2.71 ac (118,048 SF)
Zoning code 10-IG
APN 22-80574
UPID US66-6304252

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

1045 Matzinger Rd Toledo, OH 43612
Toledo metro Census 5602 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2024
Last sale
$215,000
3 recorded transactions
2024
$215,000
2022
Price N/A
2005
$190,000

Zoning & alternative use

10-IG · Toledo, OH

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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