1412 Reynolds Rd Maumee, OH 43537
- Retail space
- 31,010 SF
- 2.89 lot acres
Current Use by Public Records
- Buckeye Wolverine Shop / Clothing Store / Sports Memorabilia Store
- Mason's Billiards & Barstools / Billiards Supply Store
Property Details for 1412 Reynolds Rd
- Year built
- 1981
- Lot size
- 2.89 lot acres
- Property size
- 31,010 SF
- Zone code
- 16-C1
- Property type
- Retail space
- APN
- 36-81518
- APU
- 3681518
Description
This exceptional retail property, located at 1412 S Reynolds Rd in Maumee, Ohio, presents a significant investment opportunity. Boasting 31,010 square feet on a 2.886-acre lot, this single-story building offers 204 feet of prime retail frontage on Reynolds Road. Constructed in 1981 and renovated in 2007, the property is zoned C-1 – Neighborhood Commercial, allowing for diverse uses. The building is adaptable for single or multiple tenants, with utilities (electric and gas) split between the front and rear sections. Ample parking is provided with 115 spaces, and the lot offers potential for expansion. The property enjoys exceptional access to major roadways, including US-23/I-475 (1.5 miles), I-80/90 (0.69 miles), and US-24 (3 miles). Inside, the open showroom areas in the front feature a painted deck and exposed ductwork. Ceiling heights range from 10'9" to 12'5" to the bottom of the joists. The property's established history, with businesses operating since the 1980s, adds to its appeal. This offering is a NNN lease type. APN: 81518
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $615,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $775,000
- 6.5%
- $720,000
- 7%
- $805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $720,000
- Geo Method
- $720,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $780,000
- Retail
- $605,000
- Mixed-Use
- $645,000
- Hospitality
- $625,000
- Educational
- $705,000
- Residential Income
- $700,000
- Energy
- $790,000
- Income-Based Land
- $610,000
- Food Service
- $635,000
Location Insight
- Map
- Local Demand
- City
- Maumee
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6636
- Latitude
- 41.5824
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA