5055 Enterprise Blvd Toledo, OH 43612-3839
- Retail space
- 34,220 SF
- 6.79 lot acres
May 12, 2025
Current Use by Public Records
- Foltex USA / Coin Operated Laundry Equipment Supplier
- Herman Legal Group, LLC / Law Firm
- Crandall & Pera Law LLC / Law Firm
- Daniel P Seink Co Ltd / Law Firm
- To Be Delivered LLC, FBA WeFulFillIT / Shipping Company / Freight Service
Property Details for 5055 Enterprise Blvd
- Year built
- 1965
- Lot size
- 6.79 lot acres
- Property size
- 34,220 SF
- Zone code
- 10-IG
- Property type
- Retail space
- APN
- 23-27221
- APU
- 2327221
Description
This well-maintained Toledo industrial property offers 28,510 square feet of versatile space ideal for distribution or manufacturing. The facility includes 9,360 square feet of finished office space and 15,540 square feet of warehouse area. A significant feature is a large mezzanine above the offices, providing extra storage capacity. The warehouse boasts a 20-foot clear ceiling height, enhancing operational efficiency. Access is provided by one 12' x 14' drive-in overhead door and one truck dock with an 8' x 10' overhead door. The property benefits from robust electrical service, including 200 amps 480V and 225 amps 240V. A separate 5,610 square foot metal storage building is also included, featuring four 12' x 12' overhead doors, a 14-foot clear ceiling height, gas unit heat, and 225 amps/240V electric service. Strategically located on Enterprise Boulevard, just north of Matzinger Road, this property offers convenient access to I-75 via Alexis Road and the Ohio-Michigan state line. Its proximity to major manufacturers and the Chrysler Jeep Assembly Plant (within one mile) makes it an attractive investment opportunity. Expansion potential exists with approximately three or more additional acres available. The asking price is $1,975,000, translating to $69.27 per square foot.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,350,000
- ML approach
- $1,395,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,596,000
- AI Estimate
- $1,719,000
Market price range: $939k - $2.88MMarket price range: $1.04M - $3.23M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,825,000 Current use
- AUTO REPAIR, GARAGE
- $2,490,000 Change: +37% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,415,000 Change: +32% Conversion: Moderate
- OFFICE BUILDING
- $2,170,000 Change: +19% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,085,000 Change: +14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.5205
- Latitude
- 41.7095
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA