5600 Monclova Rd Maumee, OH 43537-1836
- Medical offices
- 4,800 SF
- 0.46 lot acres
Current Use by Public Records
- Dr. Allen G. Schwisow, MD / General Practitioner / Internist
- Pulmonary & Critical Care Spec: Sarrouj Bassam J MD / Pulmonologist
- Maumee Internists Inc / Internist / Medical Clinic
- Kose Robert E MD / Pulmonologist
- Charu L Trivedi / Oncologist
Property Details for 5600 Monclova Rd
- Year built
- 1983
- Lot size
- 0.46 lot acres
- Property size
- 4,800 SF
- Zone code
- 16-C1
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 36-65001
- APU
- 3665001
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $320,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $295,000
- Mixed-Use
- $270,000
- Hospitality
- $310,000
- Educational
- $250,000
- Residential Income
- $250,000
- Energy
- $255,000
- Income-Based Land
- $315,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Maumee
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6745
- Latitude
- 41.5592
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA