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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Medical Office Space
1500 Holland Rd, Maumee, OH 43537-1619
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US66-5816113
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
12,902 SF
Lot
2 ac (87,120 SF)
Zoning code
16-C2
APN
36-00587
UPID
US66-5816113
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
Current use
Occupant on record · Public records
-
Luxe Laser Center Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$947k
Blend (final)
Blend
$930k
Owner & transaction history
Wlb Holdings LLC · 13 yrs held
Wlb Holdings LLC
since 2013
7 recorded transactions
Zoning & alternative use
16-C2 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,305,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,045,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$72 / 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
$30,907
Tax year 2023
Assessed value
$288,190
Assessed 2023
Previous assessed
$288,190
+0.0% YoY
Effective rate
10.72%
On assessed value
Assessed land
$158,025
Assessed improvement
$130,165
Land market value
$451,500
Improvement market value
$371,900
Total market value
$823,400
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
1987
Heating
NONE
Stories
2
Total area
12,902 SF
Lot
2 ac (87,120 SF)
Zoning code
16-C2
APN
36-00587
UPID
US66-5816113
Jurisdiction
LUCAS
Zoning & alternative use
16-C2 · Maumee, OH
Zoning 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
Maumee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
MEDICAL BUILDING Current
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
1987
Heating
NONE
Stories
2
Lot
2 ac
Current owner
From public records · entity-resolved
Wlb Holdings LLC
Entity
Mailing address
1500 HOLLAND RD, MAUMEE, OH 43537-1619
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2013
$775,000
Wlb Holdings LLC
Fifth Third Bank
Quit Claim Deed
related
$820,000 · Fifth Third Bank
Jul 16, 2012
$766,667
Fifth Third Bk
Sheriff Of Lucas County
Trustees Deed
related
—
Mar 19, 2009
—
Beshara Ent LLC
Beshara,amin & Aida
Quit Claim Deed
—
Mar 12, 2008
$3,800,000
Amin Beshara
Baja Investments LLC
Grant Deed
$2,585,916 · Fifth Third Bank
Mar 14, 2007
—
Baja Investments LLC
—
Trustees Deed
related
$260,000 · Fifth Third Bank
—
—
Wlb Holdings LLC
—
Loan Modification
related
$969,960 · Fifth Third Bk
—
—
Beshara Ent LLC
—
Deed Of Trust
related
$75,000 · Nahhas Ahed T Trust (pt)
—
—
Baja Investments LLC
—
Deed Of Trust
related
$160,000 · Fifth Third 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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