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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Turn key restaurants
1502 Reynolds Rd Maumee, OH 43537-1602
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-2276631
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1983
Total area
3,492 SF
Lot
1.27 ac (55,321 SF)
Zoning code
16-C2
APN
36-00311
UPID
US66-2276631
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
-
Maumee Marketplace Shopping Center & Mall
-
New Tommys Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Txt Maumee LLC · 4 yrs held
Txt Maumee LLC
since 2022
Last sale
$925,000
4 recorded transactions
Zoning & alternative use
16-C2 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$610,000
+21.1%
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
$940,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$610,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $925k (Jul 5 2022)
Last sale anchor
$925k
Jul 5 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
$268 / 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
$18,382
Tax year 2023
Assessed value
$170,240
Assessed 2023
Previous assessed
$170,240
+0.0% YoY
Effective rate
10.80%
On assessed value
Assessed land
$85,050
Assessed improvement
$85,190
Land market value
$243,000
Improvement market value
$243,400
Total market value
$486,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1983
Heating
NONE
Stories
1
Total area
3,492 SF
Lot
1.27 ac (55,321 SF)
Zoning code
16-C2
APN
36-00311
UPID
US66-2276631
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
RETAIL STORES
Est. value
$610,000
RETAIL STORES
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
1983
Heating
NONE
Stories
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Txt Maumee LLC
Entity
Free & Clear · 4 yrs held
Mailing address
661 E LAKEWOOD BLVD, HOLLAND, MI 49424-2063
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
Jul 5, 2022
$925,000
Txt Maumee LLC
Ohio Frv LLC
Limited Warranty Deed
—
Oct 8, 2020
$5,500
Ohio Frv LLC
Sic Property LLC
Warranty Deed
—
Nov 29, 2018
—
Sic Property LLC
O Ice LLC
Grant Deed
$37,440 · Sic Property Finance LP
Oct 10, 2007
$848,485
O Ice LLC
Friendlys Realty II LLC
Grant Deed
—
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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