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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    334 Wrexham Ln Maumee, OH 43537-4500

    • Apartment buildings
    • 5,256 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-6259259
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 334 Wrexham Ln

    Year built
    1977
    Lot size
    0.55 lot acres
    Property size
    5,256 SF
    Zone code
    16-R3
    Property type
    Apartment buildings
    APN
    36-80997
    APU
    3680997

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $267,000
      Market price range: $124k - $322k
      AI Estimate
      $227,000
      Market price range: $86.4k - $247k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $210,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $425,000
      Change: +102% Conversion: Difficult
      OFFICE BUILDING
      $395,000
      Change: +86% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $385,000
      Change: +82% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $340,000
      Change: +61% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Maumee
    County
    Lucas
    State
    Ohio
    Longitude
    -83.658
    Latitude
    41.5863
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,989
    $15,365
    $84,910
    $100,275
    -
    $43,900
    $242,600
    $286,500

    Comparable in this City

    • Value Estimation
      $260,000
      0.15 Acres

      6538 Salisbury Rd

      APARTMENT HOUSE (5+ UNITS) • 0.15 Acres
      6538 Salisbury Rd, Maumee, OH 43537-9199
      View Details
    • Value Estimation
      $240,000
      0.19 Acres

      811 Gibbs St

      APARTMENT HOUSE (5+ UNITS) • 0.19 Acres
      811 Gibbs St, Maumee, OH 43537-2868
      View Details
    • Value Estimation
      $265,000
      6,957 SF

      349 Wrexham Ln

      APARTMENT HOUSE (5+ UNITS) • 6,957 SF
      349 Wrexham Ln, Maumee, OH 43537-4512
      View Details
    • Value Estimation
      $295,000
      6,686 SF

      309 Wrexham Ln

      APARTMENT HOUSE (5+ UNITS) • 6,686 SF
      309 Wrexham Ln, Maumee, OH 43537-4520
      View Details
    • Value Estimation
      $285,000
      7,172 SF

      358 Wrexham Ln

      APARTMENT HOUSE (5+ UNITS) • 7,172 SF
      358 Wrexham Ln, Maumee, OH 43537-4506
      View Details
    • Value Estimation
      $885,000
      212,672 SF

      4623 Lakeside Dr

      APARTMENT HOUSE (5+ UNITS) • 212,672 SF
      4623 Lakeside Dr, Maumee, OH 43537-8530
      View Details

    Similar Nearby for Sale

    • $149,500

      Move-In Ready Condo with Golf View

      Two-bedroom condo with pool and golf course views.
      6640 Salisbury Rd, Maumee, OH 43537
      View Details
    • Contact for pricing
      4.41 Acres

      Maumee Land: Office/Light Industrial

      4.41 Acres, Prime Maumee Location
      0 Briarfield Blvd & 20A, Maumee, OH 43537
      View Details
    • $650,000
      9,427 SF

      Maumee Warehouse - $650K

      Industrial Warehouse, 9,427 SF, 4 Docks
      203 Sophia St, Maumee, OH 43537
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    • Contact for pricing
      15,000 SF

      Heavily Wooded Land Available

      15,000 SF commercial land with build-to-suit opportunity.
      1701 Indian Wood Cir, Maumee, OH 43537
      View Details
    • $1,450,000
      16,952 SF

      Freestanding Office Building For Sale

      16,952 SF office building with a 5,000 SF meeting room.
      1691 Woodlands Dr, Maumee, OH 43537
      View Details
    • $2,500,000

      Prime Development Site on Detroit

      21+/- acre commercial site with high-traffic frontage.
      2694 S Detroit Ave, Maumee, OH 43537
      View Details

    Similar Nearby for Lease

    • $2,100 /Mo

      Updated Condo with Water Views

      Updated condo for lease with water views and low-maintenance lifestyle.
      4733 Lakeside Dr, Maumee, OH 43537
      View Details
    • $11 SF/Yr
      23,920 SF

      Briarfield Business Center: Prime Retail Space

      High-traffic retail center; 5,120 sq ft available.
      3661 Briarfield Blvd, Maumee, OH 43537
      View Details
    • $6 SF/Yr
      92,038 SF

      Maumee Flex Space: 92,038 SF

      Industrial flex space, multi-tenant, Maumee, OH.
      365 Tomahawk Dr, Maumee, OH 43537
      View Details
    • $17 SF/Yr
      9,731 SF

      Class A Office Space Available

      Class A office space in a beautiful wooded setting.
      1771 Indian Wood Cir, Maumee, OH 43537
      View Details
    • Contact for pricing
      7,425 SF

      Arrowhead Business Park Office Space

      Office space in premiere Arrowhead Business Park, Maumee, OH.
      571 Longbow Dr, Maumee, OH 43537
      View Details
    • $11 SF/Yr
      10,000 SF

      Office Space in Arrowhead Park

      Up to 10,000 SF of office space for rent.
      1910 Indian Wood Cir, Maumee, OH 43537
      View Details
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    334 Wrexham Ln
    Maumee, OH 43537-4500
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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