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Property profile & analytics
OFF-MARKET
Office buildings

2203 Riv Rd Maumee, OH 43537-3637

5,160 SF 0.11 ac lot Built 1999
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-2766266
Property summary
AI-generated overview

This meticulously maintained, two-story executive office building in Maumee, Ohio, offers 5,160 square feet of well-appointed space. The impressive vaulted entryway leads to a functional layout including a large lobby/reception area, fifteen perimeter offices, a conference room, and a kitchen. Recent updates include new carpet, paint, lighting, LVT flooring, and LED lighting, along with a new rear exit door. Operable windows provide ample natural light. The property sits on a 0.36-acre lot and includes 24 parking spaces. Its convenient location offers easy access to downtown Toledo (7 minutes), major thoroughfares (5 minutes), and key highways: I-75 (5.19 miles), US-23/I-475 (3.79 miles), and I-80/90 (3.13 miles). The property features an irrigation system along the rear boundary. The building is zoned C-1. Furniture is available for separate purchase. This is an exceptional opportunity to acquire a turnkey executive office building in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 5,160 SF
Lot 0.11 ac (4,840 SF)
Zoning code 16-C1
APN 36-20931
UPID US66-2766266
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Fair Investment Properties LLC · 6 yrs held
Fair Investment Properties LLC
since 2020
Last sale
$410,000
4 recorded transactions
2020
Price N/A
2017
Price N/A
2013
Price N/A
1969
Price N/A
Zoning & alternative use
16-C1 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Division | Maumee, OH
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