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Property profile & analytics
OFF-MARKET
Estimated value
$2,195,000
Office buildings
1505 Holland Rd Maumee, OH 43537-1620
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-1629790
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Total area
60,476 SF
Lot
6.58 ac (286,625 SF)
Zoning code
16-M1
APN
36-00577
UPID
US66-1629790
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
-
Professional Skills Institute Medical School Graduate School
-
Catalogue Marketing Group Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$2.20M
Owner & transaction history
Tinicum Realty Partners LP · 6 yrs held
Tinicum Realty Partners LP
since 2019
7 recorded transactions
Zoning & alternative use
16-M1 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Division | Maumee, OH
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
Blend value · Realmo final
$2.20M
Range $1.98M – $2.41M · ±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
$36 / 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
$89,682
Tax year 2023
Assessed value
$837,165
Assessed 2023
Previous assessed
$837,165
+0.0% YoY
Effective rate
10.71%
On assessed value
Assessed land
$254,800
Assessed improvement
$582,365
Land market value
$728,000
Improvement market value
$1,663,900
Total market value
$2,391,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Heating
NONE
Stories
2
Total area
60,476 SF
Lot
6.58 ac (286,625 SF)
Zoning code
16-M1
APN
36-00577
UPID
US66-1629790
Jurisdiction
LUCAS
Zoning & alternative use
16-M1 · Maumee, OHZoning 16-M1 · permitted uses
16-M1 · 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
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
2
Lot
6.58 ac
Current owner
From public records · entity-resolved
Tinicum Realty Partners LP
Entity
Mailing address
252 CHAPMAN RD STE #100, NEWARK, DE 19702-5439
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2019
$2,800,000
Tinicum Realty Partners LP
Professional Skills INC
Limited Warranty Deed
$2,800,000 · M & T Bank
Jun 4, 2012
$200,000
Professional Skills INC
Hickory Farms INC
Limited Warranty Deed
$1,975,000 · Glass City Federal Credit Union
Jun 4, 2012
$2,000,000
Professional Skills Incorporat
Hickory Farms INC A Delaware C
Grant Deed
$1,975,000 · Glass City FCU
Apr 15, 2008
—
Hickory Farms INC
—
Deed Of Trust
related
$10,000,000 · Sun Hickory Farms Reserves LLC
Oct 17, 2007
—
Hickory Farms INC
—
Deed Of Trust
related
$75,000,000 · Pnc Bank
Jul 26, 2007
—
Hickory Farms INC
—
Deed Of Trust
related
$90,000,000 · Bank Of Montreal
—
—
Professional Skills INC
—
Deed Of Trust
related
$1,604,000 · Northwest Ohio Dev Assistance
—
—
Professional Skills INC
—
Deed Of Trust
related
$1,950,000 · Northwest Ohio Dev Assistance
—
—
Professional Skills INC
—
Deed Of Trust
related
$1,560,000 · Glass City FCU
—
—
Professional Skills INC
—
Deed Of Trust
related
$500,000 · Jm Financial Management Corp
—
—
Professional Skills INC
—
Deed Of Trust
related
$1,950,000 · Glass City FCU
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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