530 Sophia St Maumee, OH 43537-1848
Property profile & analytics
530 Sophia St Maumee, OH 43537-1848
- Retail space
- 912 SF
- 0.11 lot acres
Property ID
US66-6168526
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.
Location Intelligence
Current Use by Public Records
- ToledoHomeRepairs.com / General Contractor
- The ADDISON / Hair Salon / Nail Salon
Property Details for 530 Sophia St
- Year built
- 1951
- Lot size
- 0.11 lot acres
- Property size
- 912 SF
- Zone code
- 16-C2
- Property type
- Retail space
- APN
- 36-11821
- APU
- 3611821
Description
This exceptional Maumee, OH commercial investment property presents a compelling opportunity for discerning investors. Located at 530 W Sophia Unit 530, this property boasts a strong, reliable tenant currently in the third year of a five-year lease expiring April 1, 2028. The current annual base rent is $9,300, increasing to $9,600 annually for the final two years of the initial lease term. The lease includes two five-year renewal options, with rent increases tied to the Consumer Price Index (CPI). This built-in rent escalation provides excellent protection against inflation and ensures consistent income growth. The tenant is responsible for all operating expenses, including real estate taxes (reimbursed to the landlord), property insurance, utilities, security, trash removal, janitorial services, and common area maintenance. The landlord's responsibilities are limited to structural components such as the foundation, exterior walls, glass, windows, doors, HVAC system, general electrical system, plumbing, exterior paint, and roof. This well-defined responsibility structure minimizes landlord involvement and maximizes return on investment. The property's stable tenancy and favorable lease terms make it an attractive addition to any commercial real estate portfolio. This is a turnkey investment opportunity with significant potential for long-term growth and passive income. The property is priced at $137,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Maumee
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6637
- Latitude
- 41.5628
- 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
$1,435
$1,925
$8,645
$10,570
-
$5,500
$24,700
$30,200
