5225 Secor RdToledo, OH 43623

Property Details for 5225 Secor Rd

Year built

1979

Lot size

1.06 AC

Property size (Sq ft)

16,550 SF

Zone code

10-CR

Property type

Office properties

Property subtype

Office buildings

APN

23-36224

APU

2336224

Description

This exceptional industrial property, located at 5225-5249 Secor Road in Toledo, Ohio, offers a total of 55,158 square feet of versatile flex and warehouse space. Situated in Lucas County, this multi-tenant building boasts convenient access to major highways, ensuring seamless transportation for your business operations. The property has recently undergone renovations, presenting a modern and efficient workspace. Two immediately available units range from 800 to 1,500 square feet, providing options for businesses of varying sizes. The flexible floor plans allow for customization to meet specific operational needs. Ample parking is available on-site, providing convenience for employees and clients. Lease terms are negotiable, offering flexibility to accommodate diverse business requirements. The property's prime location in Toledo, Ohio, zip code 43623, combines accessibility with a thriving business environment. This is an excellent opportunity to secure high-quality industrial space in a desirable location with attractive lease options. Contact us today to learn more about this exceptional property and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,833,160

  6.5%

  $2,615,225

  7%

  $2,428,423

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,548,087

  Geo Method

  $1,548,087

• Alternative Use

  Use

  Valuation

  Residential

  $3,242,879

  Hospitality

  $2,970,460

  Educational

  $2,471,388

  Medical

  $2,556,382

  Retail

  $3,844,381

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.7106

Longitude

-83.6248

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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