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Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Medical Office Space
115 Clinton St Maumee, OH 43537
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-0255560
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Total area
5,192 SF
Lot
0.22 ac (9,727 SF)
Zoning code
16-C2
APN
36-09897
UPID
US66-0255560
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$570k
Blend (final)
Blend
$275k
Owner & transaction history
111-119 Clinton Street LLC · 11 yrs held
111-119 Clinton Street LLC
since 2015
4 recorded transactions
Zoning & alternative use
16-C2 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Division | Maumee, OH
Top alternative use upside
Retail stores
$905,000
+72.0%
Restaurant
$745,000
+42.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$710,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$525,000
Current use
RETAIL STORES
$905,000
Change: +72% · Conversion: Difficult
RESTAURANT
$745,000
Change: +42% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$420,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$275k
Range $248k – $303k · ±10%
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
$53 / 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
$11,493
Tax year 2023
Assessed value
$173,425
Assessed 2023
Previous assessed
$173,425
+0.0% YoY
Effective rate
6.63%
On assessed value
Assessed land
$10,255
Assessed improvement
$163,170
Land market value
$29,300
Improvement market value
$466,200
Total market value
$495,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
5,192 SF
Lot
0.22 ac (9,727 SF)
Zoning code
16-C2
APN
36-09897
UPID
US66-0255560
Jurisdiction
LUCAS
Zoning & alternative use
16-C2 · Maumee, OHZoning 16-C2 · permitted uses
16-C2 · Maumee, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Division | Maumee, OH
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$525,000
RETAIL STORES
Est. value
$905,000
RESTAURANT
Est. value
$745,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$420,000
MEDICAL BUILDING Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Heating
NONE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
111-119 Clinton Street LLC
Entity
Mailing address
7301 CHIP SHOT LN, WATERVILLE, OH 43566-9420
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2016
—
111 119 Cilinton Street LLC
—
Deed
related
$760,000 · First Federal Bank Of The Midwest
May 1, 2015
$662,000
111-119 Clinton Street LLC
Smp Properties Ltd
Warranty Deed
$529,600 · First Fed'l Bk/the Midwest
—
—
Smp Properties
—
Deed Of Trust
related
$755,000 · Fifth Third Bk/ctrl
—
—
Smp Properties Ltd
—
Deed Of Trust
related
$675,000 · Signature Bank
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.
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