Back to Search
Property profile & analytics
FOR LEASE
Manufacturing properties
300 E Poe Rd Bowling Green, OH 43402
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-2282608
For Lease
1 / 18
Contact for pricing
300 E Poe Rd, Bowling Green, OH 43402
View Listing →
Property summary
AI-generated overview
This exceptional 22,000-square-foot industrial/office property, located at 300 E Poe Rd in Bowling Green, Ohio, presents a unique opportunity for businesses seeking flexible space solutions. Situated on a 4.31-acre lot, the single-story, 1981-built building offers multiple tenancy options, with a minimum divisible space of 6,760 square feet and a maximum contiguous space of 15,240 square feet. The entire 22,000 square feet is currently vacant and ready for immediate occupancy. The property boasts ample parking with over 100 spaces, plus approximately 7 additional canopy parking spots. Power is robust, featuring 800 amps of 3-phase 208Y power, ideal for various industrial and office applications. The property is zoned M-2 General Industrial, providing versatility for a range of businesses. Conveniently located near the intersection of Enterprise St. & Frazee Ave., this property offers excellent accessibility and visibility. The property's APN is B07-511-190104001000, and it's located in Wood County, Ohio, with a zip code of 43402. This is a rare opportunity to secure a substantial, well-located space in a thriving Ohio market.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1983
Total area
18,265 SF
Lot
4.21 ac (183,388 SF)
APN
B07-511-1901-04-001.000
UPID
US66-2282608
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
$1.38M
Blend (final)
Blend
$1.02M
Owner & transaction history
Maurer Rentals LLC · 7 yrs held
Maurer Rentals LLC
since 2019
1 recorded transaction
Zoning & alternative use
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 Bowling Green submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowling Green 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,600,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$56 / 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
$16,239
Tax year 2023
Assessed value
$269,190
Assessed 2023
Previous assessed
$225,370
+19.4% YoY
Effective rate
6.03%
On assessed value
Assessed land
$135,840
Assessed improvement
$133,350
Land market value
$388,100
Improvement market value
$381,000
Total market value
$769,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1983
Heating
NONE
Buildings
2
Stories
1
Total area
18,265 SF
Lot
4.21 ac (183,388 SF)
APN
B07-511-1901-04-001.000
UPID
US66-2282608
Jurisdiction
WOOD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.6M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
1
Buildings
2
Lot
4.21 ac
Current owner
From public records · entity-resolved
Maurer Rentals LLC
Entity
Mailing address
445 E WOOSTER ST, BOWLING GREEN, OH 43402-2927
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2019
$635,000
Maurer Rentals LLC
Sentinel Co
Warranty Deed
$508,000 · First Fed'l Bk/the Midwest
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
