Flex Space with Heavy
For Sale
$3,095,000
3510 Briarfield Blvd, Maumee, OH 43537
Business park property offering office amenities, production capacity, and convenient regional highway access.
Property Size36,232 SF
Price / SF$85.42
Days on Market417
Property Features for 3510 Briarfield Blvd
General Information
Standard status
Active
Size
36,232 SF
Property subtype
Industrial
Zoning
M-1
Additional Details
Highway Access
Yes
Heavy Power
Yes
Amenities
conference room
kitchenette
Building Details
Building Size
36,232 SF
Year Built
1993
Buildings
1
Stories
1
Listing Agency:
Signature Associates - Toledo
Listed By:
Keenan Fields
(419) 290-8334
Source:
Cpix.resimplifi
Added: Aug 25, 2025
Changed: Sep 13
Last Checked: Oct 12 at 4:46PM
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 Signature Associates - Toledo
Investment Insights
Based on property information with market context.
This 36,232-square-foot flex property was built in 1993 and is zoned M-1. The layout includes four private offices, a conference room, and a kitchenette, while heavy power supports industrial and operational requirements.
Positioned within a professional business park, the property provides access to US-23 and I-475 approximately 0.5 miles away. The Ohio Turnpike via I-80/I-90 is 4.6 miles from the site, providing a broader regional connection for employees, service providers, and logistics activity.
Positioned within a professional business park, the property provides access to US-23 and I-475 approximately 0.5 miles away. The Ohio Turnpike via I-80/I-90 is 4.6 miles from the site, providing a broader regional connection for employees, service providers, and logistics activity.
Key Highlights
- 36,232‑square‑foot flex property built in 1993
- M‑1 zoning supports an industrial property profile
- Four private offices, conference room, and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,093
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,681,860
$4.7M
Cap Rate 7%
$3,344,186
$3.3M
Cap Rate 9%
$2,601,033
$2.6M
Market Conditions
NOI Build-Up for 36,232 SF
Gross rent
$282.6K $7.80/SF
− Vacancy
−$7.2K −$0.20/SF
EGI
$275.4K $7.60/SF
− OpEx
−$41.3K −$1.14/SF
NOI
$234.1K $6.46/SF
Area
Lucas County, OH
Vacancy
2.55%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,681,860
Cap Rate 7%
$3,344,186
Cap Rate 9%
$2,601,033
Alternative Uses
Best Use
Warehouse
$3.34M
$2.93M – $3.90M
NOI $234,093 @ 7.0% cap · market cap 7.56%
Second Best
Flex RnD
$3.27M
$2.86M – $3.81M
NOI $228,585 @ 7.0% cap · market cap 7.39%
Theoretical Best
Specialty Retail
$6.63M
$5.80M – $7.74M
NOI $464,186 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Business park property offering office amenities, production capacity, and convenient regional highway access.
Where is this flex space located?
The property is located at 3510 Briarfield Blvd Maumee, OH.
What is the asking price?
The asking price for this property is $3,095,000.
What are key features of this property?
This property features: 36,232‑square‑foot flex property built in 1993; M‑1 zoning supports an industrial property profile; Four private offices, conference room, and kitchenette
