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Office Property with Highway Access
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1684 Woodlands Dr, Maumee, OH 43537

Office property with convenient access to major highways and amenities.

Property Size68,093 SF
Days on Market191
Rey
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Property Features for 1684 Woodlands Dr

General Information

Standard status Active
Size 68,093 SF
Class A
Property subtype Office
Lease Term MG

Building Details

Building Size 68,093 SF
Year Built 1989

Properties For Sale

at 1684 Woodlands Dr Contact us

100

Size 15,681 SF
Type Office Building
Term Negotiable
Contact us

115

Size 549 SF
Type Office Building
Term Negotiable
Contact us

125

Size 2,115 SF
Type Office Building
Term Negotiable
Contact us

Suite A

Size 12,916 SF
Type Office Building
Term Negotiable
Contact us

Suite B

Size 7,248 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: Eyde Development
Listed By: Evemarie Eyde
Source: Eyde
Added: Apr 8 Changed: Oct 2 Last Checked: Oct 14 at 8:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eyde Development

Investment Insights

Based on property information with market context.

This office property offers convenient access to US 23/I-475 and the Ohio Turnpike 80/90. It is located in close proximity to restaurants, gyms, retail options, and dry cleaners. The lease is modified gross.

Key Highlights

  • Easy access to US 23/I‑475.
  • Easy access to the Ohio Turnpike 80/90.
  • Close proximity to restaurants.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$563,093
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,261,860 $11.3M
Cap Rate 7%
$8,044,186 $8.0M
Cap Rate 9%
$6,256,589 $6.3M
Market Conditions
NOI Build-Up for 68,093 SF
Gross rent
$898.8K $13.20/SF
− Vacancy
−$148.0K −$2.17/SF
EGI
$750.8K $11.03/SF
− OpEx
−$187.7K −$2.76/SF
NOI
$563.1K $8.27/SF
Area
Lucas County, OH
Vacancy
16.47%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,261,860
Cap Rate 7%
$8,044,186
Cap Rate 9%
$6,256,589

Alternative Uses

Best Use
Office B
$8.04M
$7.04M – $9.38M (±1% cap)
NOI $563,093 @ 7.0% cap · market cap 3,753,953.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.46M
$10.90M – $14.54M (±1% cap)
NOI $872,373 @ 7.0% cap · market cap 5,815,820.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Erin L. Stickel Financial Advisor Murray Brokerage LTD Food Broker Paul J Haye, ... Financial Advisor Jeff King - New ... Insurance Agency Cervantes Portable Toilet ... Building Supply

Suggested Use

Top Pick Garden Center Storage Facility Auto Parts Store Auto Repair Shop Parking Lot & Garage Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,278
Businesses Nearby
Well-served
Demand for This Use

Demographics for 43537, OH

29,075
Population
13,071
Households
2.2
Avg Household Size
44
Median Age
42%
College-Educated
97%
High-School Grad
18.6 sq mi
ZIP Area
1,563
Density / Sq Mi
$85,919
Median Household Income
$49,020
Median Earnings
$1,017
Median Rent
$235,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • GUT Consulting — 580 Longbow Dr Suite 103, Maumee, OH 43537
  • Visual Edge IT Ohio | Maumee | Copeco — 415 Tomahawk Dr, Maumee, OH 43537
  • Maumee Geeks — 1545 Holland Rd, Maumee, OH 43537
  • ZehnTek LLC — 1715 Indian Wood Cir Suite 200, Maumee, OH 43537
  • Essential Systems Solutions — 1715 Indian Wood Cir Suite 236B, Maumee, OH 43537

Frequently Asked Questions

What type of property is this?
Office space - Office property with convenient access to major highways and amenities.
Where is this office space located?
The property is located at 1684 Woodlands Dr Maumee, OH.
What are key features of this property?
This property features: Easy access to US 23/I‑475.; Easy access to the Ohio Turnpike 80/90.; Close proximity to restaurants.
More about this property
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