The physical properties of cobalt oxide with varied oxidation states, and coordination numbers, in the transition series, have numerous applications. The present study explores the physical properties of BaCoO2.6 nanoparticles synthesized through the sol-gel method. The X-ray diffraction figure exhibits a 25 nm crystallite size hexagonal phase. The observational data shows the reduction in the real part of impedance (
Z
’
), dielectric constant (
ξ
’
), dielectric loss (
ξ
”
), and a raise in ac conductivity of mixed type of conduction with an elevation in frequency analyzed through impedance spectroscopy. The conductivity due to grain and grain boundaries is shown foremost in the complex impedance analysis. The plot of
∆
V
/
∆
T
(Seebeck coefficient) in the low-temperature range indicates p-type behavior and the metal-insulator transition in the as-synthesized sample. The sample characteristics suggest applications in optical and switching devices. The Seebeck coefficient is the generation of potential difference when subjected to temperature difference. Thermoelectric materials are associated with the concept of high electrical conductivity like crystals and low thermal conductivity to that of glass. Nanothermoelectric materials can decrease further the thermal conductivity through phonon scattering. Electrical characterization suggests the presence of both NTCR and PTCR behavior in the sample, and hence, it explores the application in thermistor/resistance temperature detector’s (RTD) and low dielectric constant and loss to electro-optical and higher conversion efficiency to storage devices. Additionally, impedance spectroscopy helps in the study of electrochemical systems and solid-state devices wherein the transition of metal-insulator is an add-on to the research.