www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33890387
33890380

3032 South Avenue, Toledo, OH 43609

DB
OH BRKP.2020008390, MI 6502378067
Encore Real Estate Investment Services
KR
OK 174455
Encore Real Estate Investment Services
HR
MI 6501437404
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$2,370,357
7 days on market
Updated 7 days ago

South Industrial

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 76,829
Cap Rate 7%
NOI $165,925
Tenancy Multi
Price per SqFt $31
Year Built 1972
Acreage 4.400
Zoning 10-IG - General Industrial
Ground Lease No

76,829 SF Multi-Tenant Small Bay Warehouse & Industrial Building | Low Price per SF

Marketing description

Located in South Toledo, this property benefits from a highly accessible location within one of the city's established commercial and residential corridors. South Avenue serves as a major thoroughfare connecting surrounding neighborhoods with key retail, employment, and service destinations throughout the Toledo metropolitan area. The area offers a blend of residential density, commercial activity, and regional connectivity, making it a well-positioned location within Northwest Ohio.

The property enjoys convenient access to Interstate 475, Interstate 75, U.S. Route 24, and the Ohio Turnpike, providing connectivity throughout the Toledo region, Northwest Ohio, and Southeast Michigan. Downtown Toledo, major employers, healthcare facilities, and Toledo Express Airport are all within a reasonable driving distance.

Overall, this location offers a strong combination of accessibility, established infrastructure, nearby amenities, and regional connectivity. Its position within the Toledo metropolitan area and access to major transportation corridors, employment centers, retail destinations, and recreational amenities make it an attractive location for a variety of uses.

Investment highlights

  • Versatile 10-IG Industrial Zoning Supports a Broad Range of Users. 10-IG zoning provides flexibility for manufacturing, fabrication, warehousing, distribution, and contractor-oriented operations, enhancing the property's long-term usability and appeal to a diverse tenant base.

  • Brand-New Roof Installed in Spring 2026. Recent roof install provides minimal capital investment over long term with a 20-year Warranty.

  • Strong Access to Toledo's Manufacturing and Logistics Workforce. Located within a historically significant industrial market within the Toledo MSA, the property benefits from proximity to a deep labor pool and established transportation infrastructure, supporting long-term operational success.

  • Substantial 76,829 SF Facility Offers Scale for Growing Operations. The property's sizable footprint accommodates large-scale manufacturing, warehouse, or assembly requirements while providing the operational efficiencies sought by regional and national occupiers.

Listing Contacts

DB
OH BRKP.2020008390, MI 6502378067
Encore Real Estate Investment Services
KR
OK 174455
Encore Real Estate Investment Services
HR
MI 6501437404
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,925.00
$13,827.08/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

Intelligence Badge
IG IndustrialGeneral Industrial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 116 uses
View all 116 uses
Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Deno Bistolarides
License
BRKP.2020008390
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591