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Property profile & analytics
OFF-MARKET
Retail space
2221 Riv Rd Maumee, OH 43537-3637
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-6050543
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Total area
6,800 SF
Lot
0.36 ac (15,778 SF)
Zoning code
16-C1
APN
36-20897
UPID
US66-6050543
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
-
Tonic Gym & Fitness Center
-
Vault Health and Fitness Maumee Gym & Fitness Center
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
Toledo Island LLC · 3 yrs held
Toledo Island LLC
since 2022
Last sale
$435,000
5 recorded transactions
Zoning & alternative use
16-C1 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,610
Tax year 2023
Assessed value
$70,350
Assessed 2023
Previous assessed
$70,350
+0.0% YoY
Effective rate
10.82%
On assessed value
Assessed land
$14,140
Assessed improvement
$56,210
Land market value
$40,400
Improvement market value
$160,600
Total market value
$201,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Heating
NONE
Stories
1
Total area
6,800 SF
Lot
0.36 ac (15,778 SF)
Zoning code
16-C1
APN
36-20897
UPID
US66-6050543
Jurisdiction
LUCAS
Zoning & alternative use
16-C1 · Maumee, OH
Zoning 16-C1 · permitted uses
16-C1 · Maumee, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maumee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Toledo Island LLC
Entity
Mailing address
116 W STONE ST, GIBSONBURG, OH 43431-1139
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2022
$435,000
Toledo Island LLC
Comerica Bank & Trust NA
Warranty Deed
$293,250 · State Bank & Trust Co
Jan 20, 2012
—
Tonic 2221 LLC
Chapman,deborah L
Quit Claim Deed
related
—
Sep 29, 2010
—
Deborah L Chapman
Riverview Properties II LLC
Quit Claim Deed
related
—
Oct 26, 2006
$146,700
Riverview Properties II LLC
Walton,lois A
Warranty Deed
—
—
—
Riverview Properties II LLC
—
Deed Of Trust
related
$475,000 · Fifth Third 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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