Warehouses for sale in Toledo, Ohio, offer a unique investment opportunity in a city with a rich history and strategic location. As a significant trade center for the Midwest, Toledo's warehouses play a crucial role in the region's economy, making them an attractive option for investors. Warehouses in Toledo can represent a variety of investments, from industrial properties to distribution centers, and even converted residential spaces. With amenities like the Toledo Area Regional Transit Authority (TARTA) and the Division of Water Treatment, Toledo provides an ideal environment for businesses to thrive. The city's location on the western edge of Lake Erie, along with its access to major highways like Interstate 75 and the Ohio Turnpike, makes it an attractive location for companies involved in logistics and transportation. Additionally, Toledo is home to institutions like the University of Toledo and ProMedica, which contribute to the city's economic growth. With attractions like the Toledo Museum of Art and the Toledo Symphony Orchestra, Toledo is a great place for business and travel.
With 11 warehouses for sale in Toledo, investors have a range of options to choose from. These properties offer an average price per square foot of $39 USD and an average size of 31,509 square feet, with the largest property spanning 67,483 square feet. The average cap rate for warehouses in Toledo is 10.5%. In addition to warehouses, Toledo also offers other property types, such as industrial properties, which are ideal for manufacturing and production; land, perfect for development and construction; residential income homes, which provide a steady stream of revenue; and commercial real estate, suitable for office spaces and retail stores. With its diverse economy and strategic location, Toledo is an attractive destination for investors and businesses alike.
What are the key features investors look for in warehouses in Toledo?
When searching for warehouses in Toledo, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $39 USD, with an average size of 31,509 square feet and a maximum size of 67,483 square feet, providing ample space for storage and operations.
- A desirable location with easy access to major transportation facilities, such as Interstate 75, the Ohio Turnpike, and the Toledo Express Airport, to facilitate the movement of goods and supplies.
- A competitive average cap rate of 10.5%, indicating a strong potential for returns on investment, as well as proximity to major employers and industries, including healthcare, glass manufacturing, and automotive, to ensure a steady demand for warehouse space.
What size warehouses are available to buy in Toledo?
Warehouses for sale in Toledo range in size from 31,509 square feet to 67,483 square feet, with an average price per square foot of $39 USD and an average cap rate of 10.5%, offering a variety of options for businesses and investors looking to purchase a warehouse in the area.
How much does it cost to buy a warehouse in Toledo?
When it comes to buying a warehouse in Toledo, the cost can vary greatly depending on factors such as size, location, and condition, but on average, you can expect to pay around $39 USD per square foot, with the average size of a warehouse being around 31,509 square feet, and the largest available warehouse spanning around 67,483 square feet, with a cap rate of around 10.5%, and with 11 available listings to choose from.
