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Property profile & analytics
OFF-MARKET Estimated value $815,000
Hotels

1788 Indian Wood Cir Maumee, OH 43537-4007

49,244 SF 3.54 ac lot Built 2019
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US66-3935829
Property summary
AI-generated overview

This exceptional one-acre commercial land parcel presents a unique investment opportunity in Maumee, Ohio. Located at 1788 Indian Wood Circle, this property is zoned C-M Commercial Industrial, offering flexibility for a variety of commercial uses. The lot size is approximately one acre, providing ample space for development. The property's strategic location directly adjoins the currently under-construction Woodspring Suites Hotel, ensuring high visibility and convenient access for potential businesses. This prime location offers significant advantages for businesses seeking exposure to high traffic areas. The property is offered with a long-term NNN land lease or a build-to-suit lease option, providing flexibility to suit individual business needs and development plans. The Lucas County location and the 43537 zip code offer easy access to major transportation routes and amenities. The APN for this property is 3500434. This is a single-tenant property, ideal for businesses seeking a dedicated space. This presents a rare chance to secure a prominent location in a thriving area, making it an attractive proposition for investors and developers alike. The property's adjacency to a new hotel further enhances its appeal and potential for future growth. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 2019
Total area 49,244 SF
Lot 3.54 ac (154,420 SF)
Zoning code 16-CM
APN 35-00434
UPID US66-3935829
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
  • WoodSpring Suites Toledo Maumee Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
by Request
Comparable Approach Comparable
$871k
Blend (final) Blend
$815k
Owner & transaction history
Rainmaker Holdings V LLC · 7 yrs held
Rainmaker Holdings V LLC
since 2018
7 recorded transactions
2020
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
16-CM · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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