Property profile

1402 Lagrange St Toledo, OH 43608

FOR LEASE
Warehouses
Property ID
US66-6079690
0.12 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 0.12 ac (5,254 SF)
Zoning code 10-IL
APN 02-10337
UPID US66-6079690

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
  • Ambulance Service

Location

1402 Lagrange St Toledo, OH 43608
Toledo metro Census 2900 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2023
Last sale
$385,000
4 recorded transactions
2023
$385,000
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

10-IL · 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
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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
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