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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office buildings
1681 Lance Pointe Rd Maumee, OH 43537-1679
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-6050339
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
6,325 SF
Lot
0.54 ac (23,642 SF)
Zoning code
16-C2
APN
36-27921
UPID
US66-6050339
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
-
Alignment Supplies Inc Factory Industrial Manufacturer
-
Safety Systems Inc Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Fms Real Estate INC · 2 yrs held
Fms Real Estate INC
since 2024
Last sale
$800,000
1 recorded transaction
Zoning & alternative use
16-C2 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Division | Maumee, OH
Top alternative use upside
Retail stores
$1.1M
+133.0%
Restaurant
$910,000
+92.4%
Medical building
$640,000
+35.4%
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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$860,000
7%
$795,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,100,000
Change: +133% · Conversion: Moderate
RESTAURANT
$910,000
Change: +92% · Conversion: Moderate
MEDICAL BUILDING
$640,000
Change: +35% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jan 24 2024)
Last sale anchor
$800k
Jan 24 2024
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
$126 / 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
$12,515
Tax year 2023
Assessed value
$115,640
Assessed 2023
Previous assessed
$115,640
+0.0% YoY
Effective rate
10.82%
On assessed value
Assessed land
$11,060
Assessed improvement
$104,580
Land market value
$31,600
Improvement market value
$298,800
Total market value
$330,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
6,325 SF
Lot
0.54 ac (23,642 SF)
Zoning code
16-C2
APN
36-27921
UPID
US66-6050339
Jurisdiction
LUCAS
Zoning & alternative use
16-C2 · Maumee, OHZoning 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
Source
Zoning Division | Maumee, OH
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.1M
RESTAURANT
Est. value
$910,000
MEDICAL BUILDING
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$515,000
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
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
1996
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Fms Real Estate INC
Entity
Mailing address
10720 AIRPORT HWY, SWANTON, OH 43558-9610
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2024
$800,000
Fms Real Estate INC
Shobha J Patel
Warranty Deed
$589,000 · Blissfield State 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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