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Property profile & analytics
FOR LEASE
Warehouses

203 W Sophia St Maumee, OH 43537

1,500 SF 0.09 ac lot Built 1955
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US66-5633712
Property summary
AI-generated overview

This exceptional industrial portfolio, located at 203, 205, 221, & 223 West Sophia Street, offers four warehouse spaces totaling 9,427 square feet, all currently vacant and available for immediate occupancy. The property sits on a lot ranging from 0.093 to 0.156 acres and features a single, one-story building constructed in 1955. Ceiling heights vary from 10 to 12 feet and 9 to 11 feet. The units are divisible, with a minimum leasable space of 500 square feet and a maximum contiguous space of 7,927 square feet. Convenient loading is provided by four loading docks. Ample parking is available with 13 spaces. The property boasts updated interior office space in good condition, including an open front office area, eleven private offices, storage rooms, a file room, a large conference room, and a training room (currently unfinished, lacking flooring). Electrical service includes 200-amp, 3+ panels, all single phase. The property is zoned for Controlled Industrial District and is situated between Kingsbury Road and Conant Street in Lucas County (APN: 36-07467; 36-07471; 36-07474; 36-07477). This is an excellent opportunity for businesses seeking flexible and well-maintained warehouse space in a convenient location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1955
Total area 1,500 SF
Lot 0.09 ac (4,039 SF)
Zoning code 16-M1
APN 36-07477
UPID US66-5633712
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
  • Hoffman Builders Construction Company General Contractor
  • Hold Fast Protective Coatings Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rar Investments Ltd · 9 yrs held
Rar Investments Ltd
since 2016
4 recorded transactions
2016
$560,000
2005
$185,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
16-M1 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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