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Property profile & analytics
OFF-MARKET
Estimated value
$245,000
Medical Office Space
221 Conant St Maumee, OH 43537-3355
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-0256506
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1962
Total area
2,700 SF
Lot
0.07 ac (3,171 SF)
Zoning code
16-C3
APN
36-08021
UPID
US66-0256506
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
-
Clarity Holistic Wellness Alternative Medicine Practice
-
Celestial polish Hair Salon Nail Salon
-
Esthetics by Jami at Rooted Esthetics Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$240k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$245k
Owner & transaction history
Merger Holdings LLC · 11 yrs held
Merger Holdings LLC
since 2015
6 recorded transactions
Zoning & alternative use
16-C3 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Division | Maumee, OH
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
by Request
ML approach
$240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$245k
Range $221k – $270k · ±10%
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
$91 / 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
$7,491
Tax year 2023
Assessed value
$67,585
Assessed 2023
Previous assessed
$67,585
+0.0% YoY
Effective rate
11.08%
On assessed value
Assessed land
$6,930
Assessed improvement
$60,655
Land market value
$19,800
Improvement market value
$173,300
Total market value
$193,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1962
Heating
NONE
Stories
1
Total area
2,700 SF
Lot
0.07 ac (3,171 SF)
Zoning code
16-C3
APN
36-08021
UPID
US66-0256506
Jurisdiction
LUCAS
Zoning & alternative use
16-C3 · Maumee, OHZoning 16-C3 · permitted uses
16-C3 · 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
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Merger Holdings LLC
Entity
Mailing address
1100 S HOLLAND SYLVANIA RD, HOLLAND, OH 43528-8422
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2015
$250,000
Merger Holdings LLC
Kit Conant LLC
Warranty Deed
—
May 8, 2014
—
Kit Conant LLC
Kit Richland Properties LLC
Quit Claim Deed
—
Sep 1, 2010
—
Kit Richland Properties LLC
Chicago Title Ins Co
Grant Deed
—
Feb 18, 2005
—
Chicago Title Ins Company
Northwest Title Agcy Of Ohio
Grant Deed
—
—
—
Merger Holdings LLC
—
Deed Of Trust
related
$200,000 · Signature Bk
—
—
Northwest Title Agcy Of Ohio & Mi
—
Deed Of Trust
related
$105,000 · Fifth Third Bank Nw Ohio NA
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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