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Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Warehouses
909 Illinois Ave Maumee, OH 43537-1715
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-5329344
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Total area
76,722 SF
Lot
7.49 ac (326,482 SF)
Zoning code
16-M2
APN
36-80202
UPID
US66-5329344
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
-
A+ Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$3.77M
Owner & transaction history
Maumee Storage Developers LLC · 7 yrs held
Maumee Storage Developers LLC
since 2019
2 recorded transactions
Zoning & alternative use
16-M2 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.2M
+115.4%
Office building
$5.7M
+98.5%
Auto repair, garage
$5.6M
+94.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,890,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,220,000
Change: +115% · Conversion: Moderate
OFFICE BUILDING
$5,735,000
Change: +99% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,615,000
Change: +94% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,950,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±10%
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
$49 / 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
$106,542
Tax year 2023
Assessed value
$999,740
Assessed 2023
Previous assessed
$999,740
+0.0% YoY
Effective rate
10.66%
On assessed value
Assessed land
$139,825
Assessed improvement
$859,915
Land market value
$399,500
Improvement market value
$2,456,900
Total market value
$2,856,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
NONE
Stories
1
Total area
76,722 SF
Lot
7.49 ac (326,482 SF)
Zoning code
16-M2
APN
36-80202
UPID
US66-5329344
Jurisdiction
LUCAS
Zoning & alternative use
16-M2 · Maumee, OH
Zoning 16-M2 · permitted uses
16-M2 · Maumee, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maumee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.2M
OFFICE BUILDING
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.0M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2017
Heating
NONE
Stories
1
Lot
7.49 ac
Current owner
From public records · entity-resolved
Maumee Storage Developers LLC
Entity
Mailing address
7577 CENTRAL PARKE BLVD STE #205, MASON, OH 45040-6829
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2019
—
Maumee Storage Developers LLC
—
Deed
related
$240,000 · Signature Bank NA
Jul 27, 2018
—
Maumee Storage Developers LLC
—
Deed
related
$1,162,500 · Signature Bank NA
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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