Catylist ID:
#30855796
| Catylist Listing ID: | 30855796 |
| Property Subtypes: | Free-Standing, Warehouse/Distribution |
| Building Size (RSF): | 16,500 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.13 Acres |
| Sale Price: | $485,000 |
| Unit Price: | $29.39 PSF |
| Ceiling: | 15 ft. |
| Office SF: | 2,457 SF |
| Drive In Bays: | 4 Bays |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/18/2023 |
Overview / Comments
|
Freestanding industrial building located directly in front of GM Powertrain Toledo/Toledo Precision systems. (2023 announcement, 150 million investment in plant for EV capacity.) Offers great exposure along Alexis Road. Semi-trucks are received by driving around the building and loading/unloading at grade. Previous Phase I - ESA on file. Nicely decorated offices. Showroom/lobby can be expanded. Climate controlled records room. Lawn irrigation system. Parcel at 1493 W. Alexis Road is included in the sale. Property is fenced on 3 sides. Equipment available for purchase (separate from real estate.) |
Attachments & Media
Financials
| Finance Data Year | 2015 |
|---|---|
| Real Estate Taxes - Annual($) | $9,025 (Annual) |
| Finance Data Year | 2012 |
| Real Estate Taxes - Annual($) | $8,473 (Annual) |
Additional Details
| Nearest MSA: | Toledo |
| County: | Lucas |
| Taxing Authority: | Lucas |
| Tax ID/APN: | 22-04471 and 04474 |
| Zoning: | IG GENERAL INDUSTRIAL |
| Property Located Between: | Jackman Road and Lewis Avenue |
| Side of Street: | South |
| Road Type: | Paved |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 16,500 SF |
| Property Condition: | Good |
| Year Built: | 1960 |
| Roof Type: | Flat |
| Exterior Description: | Brick and steel |
| Parking Type: | Surface |
| Parking Description: | Approximately 20 spaces (not striped)around the west side and the rear of the building. |
| Total Parking Spaces: | 20 |
| Overhead Cranes: | Undisclosed |
| Amps: | 400 |
| Volts: | 240 |
| X-Phase: | 3 |
| Zoning Description: | IG General Industrial |
| Lot Frontage: | 150 |
| Lot Depth: | 330 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,567 | 103,308 | 218,406 |
| Median Age: | 35.9 | 37.37 | 37.08 |
| Households: | 4,562 | 43,264 | 88,875 |
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions. |
