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    322 Illinois Ave Maumee, OH 43537

    Sponsored
    For Sale
    $625,000

    Spacious warehouse, ideal for heavy equipment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5,576 square foot warehouse property, situated on a 0.34-acre lot at 322 Illinois Avenue Unit 322, Maumee, OH, presents a unique opportunity for businesses seeking ample space and functionality. The building boasts an additional 1,800 square feet of second-floor space, perfect for storage or office use, significantly expanding its versatility. The warehouse is equipped with two cranes, one with a one-ton capacity and the other with a two-ton capacity, making it ideal for handling heavy equipment. Three-phase electric service is in place, catering to the needs of power-intensive operations. High ceilings, measuring 18 feet, provide substantial vertical storage capacity. Convenient loading and unloading are facilitated by an overhead door large enough to accommodate a full-size semi-truck. The property benefits from a recently replaced roof (2024), with a recent inspection confirming its excellent condition. Its strategic location near major expressways and the turnpike ensures easy access to regional transportation networks. Detailed architectural drawings are available upon request. This property is priced at $625,000 and offers a compelling combination of functionality, convenience, and strategic location.

    Property Features for 322 Illinois Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1954
    Property Profile Location Intelligence

    Current Use by Public Records

    Wardog Surplus Army & Navy Surplus Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maumee
    County
    Lucas
    State
    Ohio
    Longitude
    -83.66158
    Latitude
    41.56719

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious warehouse, ideal for heavy equipment.
    Where is this commercial real estate located?
    The property is located at 322 Illinois Ave Maumee, OH.
    What is the asking price?
    The asking price for this property is $625,000.
    (419) 740-3225
    Request Owner's contact information
    322 Illinois Ave Maumee, OH 43537
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    Maumee, OH 43537
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    322 Illinois Ave Maumee, OH 43537
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