Office Unit with Reception
For Sale
Contact for pricing
1925 Indian Wood Cir, Maumee, OH 43537
Professional office condominium with private work areas, conference rooms, a kitchen, and an inviting entry sequence.
Property Size3,539 SF
Price / SF$124.96
Days on Market76
Property Features for 1925 Indian Wood Cir
General Information
Standard status
Active
Size
3,539 SF
Property subtype
OFFICE
Additional Details
Office Units
1
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
NAI Harmon Group
(419) 960-4410
Listed By:
Becky Beck · License ##SAL.2023004979
(419) 704-4724
Source:
Moodyscre
Added: Aug 5
Changed: Oct 2
Last Checked: Oct 16 at 11:10AM
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 NAI Harmon Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office Unit A offers 3,539 square feet within a two-condominium office building. The layout includes 7 offices, with 6 positioned along the perimeter, plus 2 perimeter conference rooms and a kitchen. A lobby and reception area provide an organized arrival point for employees and visitors.
The property is located at 1925 Indian Wood Cir in Maumee, Ohio, within Arrowhead Business Park. A walking trail through a wooded area is nearby. Suite B is occupied and is not included in the sale, leaving Unit A as the offering.
The property is located at 1925 Indian Wood Cir in Maumee, Ohio, within Arrowhead Business Park. A walking trail through a wooded area is nearby. Suite B is occupied and is not included in the sale, leaving Unit A as the offering.
Key Highlights
- 3,539‑square‑foot office condominium in Maumee, Ohio
- 7 offices, including 6 perimeter offices
- 2 perimeter conference rooms and a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,266
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,320
$585.3K
Cap Rate 7%
$418,086
$418.1K
Cap Rate 9%
$325,178
$325.2K
Market Conditions
NOI Build-Up for 3,539 SF
Gross rent
$46.7K $13.20/SF
− Vacancy
−$7.7K −$2.17/SF
EGI
$39.0K $11.03/SF
− OpEx
−$9.8K −$2.76/SF
NOI
$29.3K $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%
$585,320
Cap Rate 7%
$418,086
Cap Rate 9%
$325,178
Alternative Uses
Best Use
Office B
$418.1K
$365.8K – $487.8K
NOI $29,266 @ 7.0% cap · market cap 6.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$647.7K
$566.8K – $755.7K
NOI $45,340 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,284
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Professional office condominium with private work areas, conference rooms, a kitchen, and an inviting entry sequence.
Where is this office units located?
The property is located at 1925 Indian Wood Cir Maumee, OH.
What is the asking price?
The asking price for this property is $442,250.
What are key features of this property?
This property features: 3,539‑square‑foot office condominium in Maumee, Ohio; 7 offices, including 6 perimeter offices; 2 perimeter conference rooms and a kitchen
