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5455 Roan Rd
Sylvania, OH 43560

$510,366 USD

Manufacturing For Sale  •  7,200 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 7,200 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1983
  • Tenancy Multiple
  • Zoning M-1
0 Transit Score
50 Walk Score

Highlights

100% occupied multi-tenant flex — three in-place tenants across 7,200 SF provide diversified, stabilized cash flow and insulate ownership
Attractive 9.00% cap rate on $45,933 NOI — strong going-in yield relative to comparable Northwest Ohio flex and small-bay product
Mark-to-market upside — in-place rents averaging $8.67/SF leave room to push toward market on renewal or rollover across the three units
Functional small-bay configuration — 1,800–3,600 SF suites with grade-level loading appeal to the deep pool of local users
High-demand Sylvania location — affluent suburban submarket (avg. HH income $105K+ within 1 mile) with immediate access to I- 475/U.S. 23
Flexible 31-M1 Light Industrial zoning supports a broad range of permitted uses, supporting long-term tenant demand and exit optionality

Public Transportation

Commuter RailDriveWalkDistance
Toledo (Capitol Limited - Amtrak, Lake Shore Limited - Amtrak) 19 min - 9.9 mi
AirportDriveWalkDistance
Eugene F Kranz Toledo Express 33 min - 18.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services