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Property summary
This exceptional 5,576 square foot warehouse property, situated on a 0.34-acre lot at 322 Illinois Avenue Unit 322, Maumee, OH, presents a unique opportunity for businesses seeking ample space and functionality. The building boasts an additional 1,800 square feet of second-floor space, perfect for storage or office use, significantly expanding its versatility. The warehouse is equipped with two cranes, one with a one-ton capacity and the other with a two-ton capacity, making it ideal for handling heavy equipment. Three-phase electric service is in place, catering to the needs of power-intensive operations. High ceilings, measuring 18 feet, provide substantial vertical storage capacity. Convenient loading and unloading are facilitated by an overhead door large enough to accommodate a full-size semi-truck. The property benefits from a recently replaced roof (2024), with a recent inspection confirming its excellent condition. Its strategic location near major expressways and the turnpike ensures easy access to regional transportation networks. Detailed architectural drawings are available upon request. This property is priced at $625,000 and offers a compelling combination of functionality, convenience, and strategic location.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Maumee market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
16-C2 · Maumee, OHZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 16-C2 in Maumee, OH.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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- Alternative use
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