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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Apartment buildings
136 Wayne St Maumee, OH 43537-2151
Entity Owned
4-yr Hold
Property ID
US66-2121717
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1887
Total area
8,186 SF
Lot
0.3 ac (13,211 SF)
Zoning code
16-C3
APN
36-07984
UPID
US66-2121717
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
$670k
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$680k
Owner & transaction history
Dean Avenue LLC · 4 yrs held
Dean Avenue LLC
since 2022
Last sale
$670,000
4 recorded transactions
Zoning & alternative use
16-C3 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Division | Maumee, OH
Top alternative use upside
Medical building
$830,000
+152.0%
Neighborhood: shopping center
$665,000
+101.8%
Office building
$610,000
+86.1%
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
$680,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$825,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$830,000
Change: +152% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: +102% · Conversion: Difficult
OFFICE BUILDING
$610,000
Change: +86% · Conversion: Moderate
AUTO REPAIR, GARAGE
$600,000
Change: +82% · Conversion: Difficult
COMMERCIAL (GENERAL)
$530,000
Change: +61% · Conversion: Moderate
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $670k (Jan 3 2022)
Last sale anchor
$670k
Jan 3 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
$83 / 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
$25,495
Tax year 2023
Assessed value
$234,500
Assessed 2023
Previous assessed
$234,500
+0.0% YoY
Effective rate
10.87%
On assessed value
Assessed land
$23,135
Assessed improvement
$211,365
Land market value
$66,100
Improvement market value
$603,900
Total market value
$670,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1887
Heating
NONE
Stories
2
Units
1
Total area
8,186 SF
Lot
0.3 ac (13,211 SF)
Zoning code
16-C3
APN
36-07984
UPID
US66-2121717
Jurisdiction
LUCAS
Zoning & alternative use
16-C3 · Maumee, OHZoning 16-C3 · permitted uses
16-C3 · 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
Est. value
$830,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
OFFICE BUILDING
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$530,000
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1887
Heating
NONE
Stories
2
Units
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Dean Avenue LLC
Entity
Mailing address
PO BOX 1253, MAUMEE, OH 43537-8253
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$670,000
Dean Avenue LLC
136 Wayne LLC
Warranty Deed
$536,000 · Genoa Banking Co
Nov 6, 2018
—
136 Wayne LLC
Ben M Driver
Warranty Deed
$206,250 · Resolute Bank
Jun 30, 2016
—
Driver,ben M Living Trust
Driver Lois E Living Trust
Quit Claim Deed
related
—
—
—
136 Wayne LLC
—
Loan Modification
related
$281,306 · Resolute Bk
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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