5333 Secor Rd Toledo, OH 43623-2407
This exceptional 28,500 square foot industrial flex space property, located at 5333 Secor Road in Toledo, Ohio, presents a compelling investment opportunity. The single-story building, constructed in 1972, features 20 individual suites, with 1,500 square feet currently vacant, offering immediate potential for rental income. The property sits on a 1.42-acre lot and boasts ample parking with 100 spaces available. Ceiling heights range from 8 to 9 feet, providing versatile space for a variety of uses. The property is zoned IL - Limited Industrial, allowing for a range of industrial and light commercial activities. The convenient West Toledo location, near McGregor, provides easy access to major transportation routes. The property's multiple tenancy structure offers flexibility and diversification of income streams. The APN is 23-36194 and the zip code is 43623. This is an excellent opportunity to acquire a well-located, established industrial property with significant upside potential. The existing infrastructure and ample parking make this a highly desirable location for businesses seeking flexible and functional space. The current vacancy provides an immediate opportunity to increase revenue and occupancy. This property is offered as a triple net lease (NNN).
-
Bob's Custom Store Interiors General Contractor Renovation Specialist
-
Oravecz & Associates, LLC. Land Surveyor Engineer
-
Honei B Collection Hair Salon
-
Done In A Day Detailing LLC Car Wash
-
Horton Hauls Junk Toledo Waste Management Facility Hazardous Waste Disposal
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
10-IL · Toledo, OHToledo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.