Property profile

1412 S Reynolds Rd Maumee, OH 43537

FOR SALE
Retail space
Property ID
US66-2096042
31,010 SF 2.89 ac lot Built 1981
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1981
Total area 31,010 SF
Lot 2.89 ac (125,717 SF)
Zoning code 16-C1
APN 36-81518
UPID US66-2096042

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store Sports Memorabilia Store
  • (Bike/Boat/Book/etc) Store

Location

1412 S Reynolds Rd Maumee, OH 43537
Maumee metro Census 7104 TOLEDO, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.40M
Comparable Approach Comparable
$2.39M
Blend (final) Blend
$615k

Owner & transaction history

since 2007
1 recorded transaction
2007
$1.5M

Zoning & alternative use

16-C1 · Maumee, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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