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Property profile & analytics
OFF-MARKET
Estimated value
$3,080,000
Office buildings
1901 Indian Wood Cir Maumee, OH 43537-4002
Individually Owned
3-yr Hold
Free & Clear
Property ID
US66-1651444
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
60,162 SF
Lot
9.83 ac (428,195 SF)
Zoning code
16-CM
APN
36-40881
UPID
US66-1651444
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Health Mgt. Solutions Insurance Agency
-
Chris Miles, REALTOR Real Estate Agency
-
ProMedica Medical Management Insurance Agency
-
Kaltsone LLC Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.08M
Owner & transaction history
Ground Penetrating Radar Syetems Ll · 3 yrs held
Ground Penetrating Radar Syetems Ll
since 2022
Last sale
$3.0M
2 recorded transactions
Zoning & alternative use
16-CM · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.9M
+8.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Maumee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maumee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,040,000
ML approach
$3,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,495,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,880,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,405,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,880,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.08M
Range $2.77M – $3.39M · ±10% · vs last sale $3.00M (Sep 14 2022)
Last sale anchor
$3.00M
Sep 14 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$51 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$209,524
Tax year 2023
Assessed value
$1,968,995
Assessed 2023
Previous assessed
$1,968,995
+0.0% YoY
Effective rate
10.64%
On assessed value
Assessed land
$176,855
Assessed improvement
$1,792,140
Land market value
$505,300
Improvement market value
$5,120,400
Total market value
$5,625,700
Applied tax rate
36.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Heating
NONE
Stories
2
Total area
60,162 SF
Lot
9.83 ac (428,195 SF)
Zoning code
16-CM
APN
36-40881
UPID
US66-1651444
Jurisdiction
LUCAS
Zoning & alternative use
16-CM · Maumee, OH
Zoning 16-CM · permitted uses
16-CM · Maumee, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maumee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$3.9M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
2
Lot
9.83 ac
Current owner
From public records · entity-resolved
Ground Penetrating Radar Syetems Ll
Individual
Free & Clear · 3 yrs held
Mailing address
1901 INDIAN WOOD CIR, MAUMEE, OH 43537-4002
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2022
$3,000,000
Ground Penetrating Radar Syetems Ll
Tomahawk Health Care Development Lt
Limited Warranty Deed
—
Dec 30, 2008
—
Tomahawk Health Care Dev Ltd
—
Deed Of Trust
related
$5,850,000 · Protective Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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