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    Property profile & analytics

    1402 Lagrange St Toledo, OH 43608

    • Warehouses
    • 0.12 lot acres
    For Lease
    View listing
    $4 SF/Yr
    Value Estimation
    $415,000
    Last Sale
    Nov 30, 2023
    $385,000
    Location Intelligence
    Property ID
    US66-6079690
    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

    • Mercy Health - LifeStar / Ambulance Service

    Property Details for 1402 Lagrange St

    Lot size
    0.12 lot acres
    Zone code
    10-IL
    Property type
    Warehouses
    APN
    02-10337
    APU
    210337

    Description

    This exceptional industrial property, located at 1402 & 1420 Lagrange Street in Toledo, Ohio, offers a substantial 39,798 square feet of warehouse and distribution space. The property sits on a 1.95-acre lot and features a single-story building constructed in 1948, with significant renovations completed in 2000. The space is currently entirely vacant and available for lease, presenting a unique opportunity for a variety of industrial uses. The high ceilings, ranging from 9 to 13 feet, provide ample vertical space for storage and operations. Ample parking is available with 65 spaces provided on-site. The property boasts 600 amp power, making it suitable for energy-intensive operations. The zoning designation is IL – Limited Industrial, allowing for a range of industrial activities. The property's location in Lucas County, Ohio, offers convenient access to major transportation routes, enhancing logistical efficiency. Parcel numbers are 10344, 10337, and 10561. This property is ideal for businesses seeking a large, well-maintained warehouse space in a strategic location. The combination of size, location, and amenities makes this an attractive opportunity for a variety of industrial tenants. Contact us today to learn more about leasing this prime industrial property.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $330,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $315,000
      Mixed-Use
      $405,000
      Hospitality
      $340,000
      Educational
      $365,000
      Residential Income
      $305,000
      Energy
      $400,000
      Income-Based Land
      $345,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5323
    Latitude
    41.6652
    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
    $324
    $770
    $0.00
    $770
    -
    $2,200
    $0.00
    $2,200

    Comparable in this City

    • Value Estimation
      $55,000
      5,748 SF

      1566 Ridgewood Ave

      WAREHOUSE, STORAGE • 5,748 SF
      1566 Ridgewood Ave, Toledo, OH 43608-2287
      View Details
    • Value Estimation
      $635,000
      61,688 SF

      1120 Cherry St

      WAREHOUSE, STORAGE • 61,688 SF
      1120 Cherry St, Toledo, OH 43608-2904
      View Details
    • Value Estimation by Request
      0.10 Acres

      1307 Walnut St

      WAREHOUSE, STORAGE • 0.10 Acres
      1307 Walnut St, Toledo, OH 43608-2967
      View Details
    • Value Estimation
      $415,000
      39,798 SF

      1420 Lagrange St

      WAREHOUSE, STORAGE • 39,798 SF
      1420 Lagrange St, Toledo, OH 43608
      View Details
    • Value Estimation by Request
      0.12 Acres

      1407 Lagrange St

      WAREHOUSE, STORAGE • 0.12 Acres
      1407 Lagrange St, Toledo, OH 43608-2927
      View Details
    • Value Estimation by Request
      31,528 SF

      1333 Manhattan Blvd

      WAREHOUSE, STORAGE • 31,528 SF
      1333 Manhattan Blvd, Toledo, OH 43608-1523
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail space available with diverse anchor tenants in Toledo.
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      8,972 SF

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      8,972 SF freestanding building suitable for retail or commercial use.
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    Toledo, OH 43608
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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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