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Property profile & analytics
FOR LEASE
Office buildings

1574 Henthorne Dr Maumee, OH 43537

9,918 SF 0.93 ac lot Built 1996
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-0257080
Property summary
AI-generated overview

This single-story, 9,818-square-foot Class B office building, constructed in 1996, is situated at 1574 Henthorne Dr, Maumee, OH 43537, conveniently located near Airport Highway and Holland-Sylvania Road. The property boasts a prime location, just a quarter-mile from US 23 North at Exit 8A, offering excellent accessibility. Currently, the building features multiple tenants, with 3,800 square feet of vacant space available for lease. The available space is divisible into suites ranging from 1,100 to 1,450 square feet, with rental rates between $8.95 and $9.95 per square foot annually. The building is zoned for Neighborhood Commercial use (APN: 65-81560, Lucas County) and is suitable for a variety of office uses, including medical, executive, and traditional office spaces. Existing tenants include Shadow Valley Dental Group, Cornerstone Caregiving, and Lavish Me by Adore, demonstrating the building's appeal to a diverse range of businesses. The property's address is further identified by its cross street, S. Holland Sylvania Rd. This presents a unique opportunity for businesses seeking a well-established and conveniently located office space in Maumee, Ohio. The building offers a blend of established tenancy and readily available space, making it an attractive investment prospect.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 9,918 SF
Lot 0.93 ac (40,642 SF)
Zoning code 19-C1
APN 65-81560
UPID US66-0257080
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
  • Shadow Valley Dental Group - Todd W. Hasty, D.D.S. Dental Office
  • WC Pain Management Physician
  • Dr. Todd W. Hasty, DDS Dental Office
  • Arrowhead Chiropractic Center LLC Alternative Medicine Practice
  • James R. Bennie, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$789k
Blend (final) Blend
$585k
Owner & transaction history
1574 Henthorne Investors Ltd · 4 yrs held
1574 Henthorne Investors Ltd
since 2021
Last sale
$605,000
4 recorded transactions
2021
$605,000
2016
Price N/A
2014
Price N/A
1969
Price N/A
Zoning & alternative use
19-C1 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Division | Maumee, OH
Top alternative use upside
Neighborhood: shopping center $805,000 +8.5%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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