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Property profile & analytics
OFF-MARKET
Estimated value
$5,580,000
Manufacturing properties
3940 Technology Dr Maumee, OH 43537-9264
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0684466
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2004
Total area
45,896 SF
Lot
4.34 ac (189,050 SF)
Zoning code
17-M1
APN
38-88715
UPID
US66-0684466
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
-
Vital Records Control Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.85M
CAP Approach
CAP
$3.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.58M
Owner & transaction history
Tolson Investments LLC · 4 yrs held
Tolson Investments LLC
since 2022
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
17-M1 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Division | Maumee, OH
Top alternative use upside
Retail stores
$8.0M
+331.9%
Restaurant
$6.6M
+256.7%
Medical building
$4.6M
+151.0%
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
$5,540,000
ML approach
$5,845,000
CAP Approach
CAP Return
Estimation
6%
$4,070,000
6.5%
$3,755,000
7%
$3,490,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,990,000
Change: +332% · Conversion: Moderate
RESTAURANT
$6,600,000
Change: +257% · Conversion: Difficult
MEDICAL BUILDING
$4,645,000
Change: +151% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,720,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$3,430,000
Change: +85% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,360,000
Change: +82% · Conversion: Easy
Blend value · Realmo final
$5.58M
Range $5.02M – $6.14M · ±10% · vs last sale $5.47M (Mar 28 2022)
Last sale anchor
$5.47M
Mar 28 2022
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
$122 / 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
$60,252
Tax year 2023
Assessed value
$745,500
Assessed 2023
Previous assessed
$745,500
+0.0% YoY
Effective rate
8.08%
On assessed value
Assessed land
$72,135
Assessed improvement
$673,365
Land market value
$206,100
Improvement market value
$1,923,900
Total market value
$2,130,000
Applied tax rate
38.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Total area
45,896 SF
Lot
4.34 ac (189,050 SF)
Zoning code
17-M1
APN
38-88715
UPID
US66-0684466
Jurisdiction
LUCAS
Zoning & alternative use
17-M1 · Maumee, OHZoning 17-M1 · permitted uses
17-M1 · 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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$8.0M
RESTAURANT
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2004
Heating
NONE
Stories
1
Lot
4.34 ac
Current owner
From public records · entity-resolved
Tolson Investments LLC
Entity
Mailing address
7150 W CENTRAL AVE STE #200, TOLEDO, OH 43617-1163
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2022
$5,465,000
Tolson Investments LLC
Wgkg Holdings LLC
Warranty Deed
$4,372,000 · The Citizens National Bank Of Bluff
Mar 16, 2022
—
Wgkg Holdings LLC
City Of Toledo
Quit Claim Deed
related
—
Apr 1, 2019
—
Wgkg Holdings LLC
—
Deed
related
$512,000 · Genoa Bkng
Dec 19, 2018
—
Wgkg Holdings LLC
—
Deed
related
$100,000 · The Huntington National Bank
Aug 27, 2004
—
Wgkg Holdings LLC
City Of Toledo
Warranty Deed
related
$3,202,000 · National City Bank
—
—
Wgkg Holdings LLC
—
Deed Of Trust
related
$512,000 · Genoa Bkng
—
—
Wgkg Holdings LLC
—
Deed Of Trust
related
$1,342,623 · Huntington National Bank
—
—
Wgkg Holdings LLC
—
Deed Of Trust
related
$214,662 · Huntington National Bank
—
—
Wgkg Holdings LLC
—
Deed Of Trust
related
$1,299,000 · Lucas County Improvement Corp
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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