Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6041 Benore Rd Toledo, OH 43612-3964
    Back to Search
    Property profile & analytics

    6041 Benore Rd Toledo, OH 43612-3964

    View on Map
    • Industrial land
    • 5.71 lot acres
    Off-Market
    Property ID
    US66-2217979
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Northern Steel Transport Co / Trucking Company
    • Triangle Leasing Corporation / Trucking Company

    Property Details for 6041 Benore Rd

    Lot size
    5.71 lot acres
    Zone code
    10-IG
    Property type
    Industrial land
    APN
    22-70182
    APU
    2270182

    Description

    This exceptional industrial property, located at 6041 Benore Road in Toledo, Ohio, presents a significant opportunity. The single-tenant warehouse boasts a total of 27,480 square feet, with 8,400 square feet currently vacant and ready for immediate occupancy. The building is a single-story structure featuring an impressive 18-foot ceiling height, providing ample vertical space for storage and operations. Convenient access is provided by two drive-in doors, streamlining loading and unloading processes. The property is zoned 10-IG and features robust power capabilities, including 200 AMP, 240 Volt, 3-phase power. Situated in the North Toledo submarket, the property's address is 6041 Benore Rd, Toledo, OH 43612, conveniently located on Stickney between Detroit and Alexis. The property's APN is 22-70168 and 22-70162. This warehouse is ideal for businesses seeking efficient space and convenient access in a thriving industrial area. The substantial vacant space offers flexibility for customization to meet specific operational needs. Don't miss this chance to secure a prime location in North Toledo.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5275
    Latitude
    41.7255
    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
    $979
    $8,960
    $0.00
    $8,960
    -
    $25,600
    $0.00
    $25,600

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      58 Sylvania Ave

      INDUSTRIAL - VACANT LAND • 0.26 Acres
      58 Sylvania Ave, Toledo, OH 43612-1473
      View Details
    • Value Estimation by Request
      0.12 Acres

      211 Waggoner Blvd

      INDUSTRIAL - VACANT LAND • 0.12 Acres
      211 Waggoner Blvd, Toledo, OH 43612-1952
      View Details
    • Value Estimation by Request
      0.11 Acres

      237 Waggoner Blvd

      INDUSTRIAL - VACANT LAND • 0.11 Acres
      237 Waggoner Blvd, Toledo, OH 43612-1952
      View Details
    • Value Estimation by Request
      0.12 Acres

      311 Waggoner Blvd

      INDUSTRIAL - VACANT LAND • 0.12 Acres
      311 Waggoner Blvd, Toledo, OH 43612
      View Details
    • Value Estimation by Request
      0.12 Acres

      307 Waggoner Blvd

      INDUSTRIAL - VACANT LAND • 0.12 Acres
      307 Waggoner Blvd, Toledo, OH 43612
      View Details
    • Value Estimation by Request
      0.12 Acres

      249 Waggoner Blvd

      INDUSTRIAL - VACANT LAND • 0.12 Acres
      249 Waggoner Blvd, Toledo, OH 43612-1952
      View Details

    Similar Nearby for Sale

    • $291,000

      Industrial Land in North Toledo

      Industrial land available for lease in North Toledo.
      5225 Stickney Ave, Toledo, OH 43612
      View Details
    • Contact for pricing

      Prime Retail Pad Site Available

      Retail pad site and redevelopment opportunity in Toledo, Ohio.
      5827 Lewis Ave, Toledo, OH 43612
      View Details
    • Contact for pricing

      Retail Pad Site Opportunity

      Prime retail location with redevelopment potential on 1 acre.
      1030 W Alexis Rd, Toledo, OH 43612
      View Details
    • Contact for pricing
      7,638 SF

      2.40 Acre Retail Land

      2.40 acres suitable for retail with multiple acquisition opportunities.
      22 New Towne Square Dr, Toledo, OH 43612
      View Details
    • Contact for pricing
      4,260 SF

      Restaurant Buildings For Sale

      Two adjacent commercial buildings configured for restaurant use.
      5038 Lewis Ave, Toledo, OH 43612
      View Details
    • $6,500,000
      99,408 SF

      99,408 SF Manufacturing Building

      Manufacturing building on 12.1 acres with heavy power.
      911 Matzinger Rd, Toledo, OH 43612
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land For Lease

      Industrial land available for lease in Toledo, Ohio.
      6225 Benore Rd, Toledo, OH 43612
      View Details
    • Contact for pricing
      15,054 SF

      Industrial Land for Lease

      13 acres of flat, crushed stone industrial land available.
      6225 Benore Rd, Toledo, OH 43612
      View Details
    • $0.83 SF/Yr

      Land with Security Features

      Land available for rent with security and drainage features.
      721 Matzinger Rd, Toledo, OH 43612
      View Details
    • Contact for pricing

      Land for Rent in Toledo

      Land available for rent at 5660 Benore Rd, Toledo, OH.
      5660 Benore Rd, Toledo, OH 43612
      View Details
    • Contact for pricing

      Commercial Property with Flexible Floorplans

      Commercial property offering flexible floor plans and outside storage.
      543 Matzinger Rd, Toledo, OH 43612
      View Details
    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Toledo, OH.
      4042 Bennett Rd, Toledo, OH 43612
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6041 Benore Rd
    Toledo, OH 43612-3964
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6041 Benore Rd, Toledo, OH, 43612
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!