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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Medical Office Space
5600 Monclova Rd Maumee, OH 43537-1836
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-1303916
Property summary
AI-generated overview
This exceptional 4,800 square foot Class B medical office building, located at 5600 Monclova Road in Maumee, Ohio, presents a fantastic investment opportunity. Built in 1983 and renovated in 1990, the property sits on a 0.46-acre lot and is currently listed at $500,000 ($79.17 per square foot). Recent improvements include a new roof (2023), new flooring throughout (including new vinyl composition tile in exam rooms), fresh interior and exterior paint, and ample parking. The building boasts 10 exam rooms, eight private offices, spacious reception and waiting areas, a convenient kitchen/break room, dedicated lab space, and a designated X-ray area, along with additional storage. Its prime location in Lucas County, Ohio, zip code 43537, offers excellent visibility and accessibility. This well-maintained property is ideal for a variety of medical practices seeking a move-in ready space with modern amenities. The building's layout and features are designed to optimize workflow and patient comfort. This is a rare opportunity to acquire a fully functional and updated medical office building in a desirable location.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Total area
4,800 SF
Lot
0.46 ac (20,019 SF)
Zoning code
16-C1
APN
36-65001
UPID
US66-1303916
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
-
Dr. Allen G. Schwisow, MD Physician
-
Pulmonary & Critical Care Spec: Sarrouj Bassam J MD Physician
-
Maumee Internists Inc Medical Clinic
-
Kose Robert E MD Physician
-
Charu L Trivedi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Fine Properties LLC · 5 yrs held
Fine Properties LLC
since 2021
Last sale
$320,000
1 recorded transaction
Zoning & alternative use
16-C1 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Division | Maumee, OH
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
$280,000
ML approach
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±10% · vs last sale $320k (Jan 11 2021)
Last sale anchor
$320k
Jan 11 2021
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
$58 / 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
$11,609
Tax year 2023
Assessed value
$108,255
Assessed 2023
Previous assessed
$108,255
+0.0% YoY
Effective rate
10.72%
On assessed value
Assessed land
$8,575
Assessed improvement
$99,680
Land market value
$24,500
Improvement market value
$284,800
Total market value
$309,300
Applied tax rate
36.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Heating
NONE
Stories
2
Total area
4,800 SF
Lot
0.46 ac (20,019 SF)
Zoning code
16-C1
APN
36-65001
UPID
US66-1303916
Jurisdiction
LUCAS
Zoning & alternative use
16-C1 · Maumee, OHZoning 16-C1 · permitted uses
16-C1 · 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
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Fine Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2950 TRACEWOOD DR, TOLEDO, OH 43617-2305
Ownership since
2021
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
Jan 11, 2021
—
Fine Properties LLC
Monclova Investors LLC
Warranty Deed
—
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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