Property profile

1639 Toll Gate Dr Maumee, OH 43537

OFF-MARKET
Strip malls
Property ID
US66-1418541
15,500 SF 1.74 ac lot Built 1997
Individually Owned 26-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,750 square foot retail space is situated within the Dussel East Shops, a 15,500 square foot strip center located at 1639 Tollgate Dr in Maumee, Ohio (zip code 43537). Built in 1997, this single-story building sits on a 1.69-acre lot and is zoned C-2. The property boasts excellent visibility and accessibility, featuring two curb cuts and high traffic counts of 17,498 vehicles per day. Its strategic location at the entrance of Arrowhead Business Park, one of Northwest Ohio's largest mixed-use developments, and directly across from a Kroger grocery store, ensures high foot traffic and strong consumer demographics. Within a 5-mile radius, the population exceeds 144,243 residents. The space itself is a former restaurant, complete with a hood system, walk-in cooler, and sinks, making it ideal for a variety of food service or retail businesses. The property is easily accessible from Dussel Drive, just west of South Reynolds Road, in Butler County. This presents a unique opportunity to establish a business in a high-traffic, well-established commercial area with strong community support.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1997
Total area 15,500 SF
Lot 1.74 ac (75,794 SF)
Zoning code 16-C2
APN 36-00560
UPID US66-1418541

Cap rate & NOI

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

Location

1639 Toll Gate Dr Maumee, OH 43537-1678
Maumee metro Census 7104 TOLEDO, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

16-C2 · 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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