2164 Tedrow RdToledo, OH 43614

Property Details for 2164 Tedrow Rd

Year built

1964

Lot size

0.62 AC

Property size (Sq ft)

6,278 SF

Zone code

10-CR

Property type

Retail properties

Property subtype

Retail space

APN

09-57034

APU

957034

Description

This exceptional 6,278-square-foot industrial warehouse, located at 2164 Tedrow Road in Toledo, Ohio, presents a compelling opportunity for businesses seeking efficient and strategically located space. The property is classified as a single-tenant building, ideal for companies requiring dedicated space and control. Its versatile design makes it suitable for a variety of industrial and distribution uses. The building boasts a solid construction, featuring a newer roof, ensuring durability and longevity. Climate control systems are already in place, providing a comfortable and productive work environment. An environmental survey is readily available for review, providing transparency and peace of mind. This property benefits from a highly convenient location, offering easy access to major transportation arteries. It's situated just three miles from the Ohio Turnpike, five miles from highway 475, and 6.2 miles from I-75, facilitating seamless logistics and distribution operations. Located in Lucas County, Ohio, with a zip code of 43614, this warehouse provides excellent connectivity and accessibility for businesses operating within the region. The property's central location within Toledo ensures efficient access to a skilled workforce and a robust local economy. This is a rare opportunity to acquire a well-maintained, strategically positioned industrial warehouse in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,579,835

  6.5%

  $1,458,310

  7%

  $1,354,144

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,479,855

  Geo Method

  $1,479,855

• Alternative Use

  Use

  Valuation

  Residential

  $1,230,139

  Hospitality

  $1,126,800

  Educational

  $937,485

  Medical

  $969,726

  Retail

  $1,458,310

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.5997

Longitude

-83.6198

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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