Property profile

2411 Albion St Toledo, OH 43606

OFF-MARKET
Warehouses
Property ID
US66-2562746
167,429 SF 4.55 ac lot Built 1943
Entity Owned Free & Clear
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Property summary

AI-generated overview

This expansive industrial property, located at 2411 Albion St, Toledo, OH 43606, presents a significant investment opportunity. The 167,429 square foot warehouse sits on a 4.552-acre lot and boasts a 26' ceiling height, making it suitable for a variety of industrial uses. Built in 1943, the single-story structure features one loading dock, and ample parking with 25 spaces, plus an additional fenced-in parking area across Albion Street. The property includes approximately 3,000 square feet of office space (requiring complete renovation), and a substantial 165,000 square foot warehouse area. The warehouse benefits from robust power (3000 Amp/3-phase), multiple overhead doors (two 14'x14' and one 14'x16'), and features hot or cold storage bays measuring 75' x 520'. The space is well-lit with full bay lighting and skylights. A truck maintenance pit is also included. The property is zoned IL and has the APN numbers 16-19511 & 18-44024, 04099001 & 04901020. A virtual tour is available. This is a rare opportunity to acquire a large-scale industrial warehouse in a prime Toledo location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1943
Total area 167,429 SF
Lot 4.55 ac (198,325 SF)
Zoning code 10-IL
APN 16-19511
UPID US66-2562746

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2411 Albion St Toledo, OH 43606-4206
Toledo metro Census 1500 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$385k

Owner & transaction history

since 2025
3 recorded transactions
2025
$550,000
2014
$700,000
2013
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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