You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Office buildings

959 Illinois Ave Maumee, OH 43537

22,272 SF 5 ac lot Built 2004
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US66-2188947
Property summary
AI-generated overview

This exceptional medical office building, located at 959 Illinois Ave in Maumee, Ohio, presents a unique investment opportunity. Built in 2004, the 14,848 square foot building sits on a spacious five-acre lot in Lucas County. The property is impeccably maintained and boasts a Class A designation, ensuring a high-quality environment for tenants and staff. The building is fully ADA compliant and includes an elevator for convenient access to all floors. Currently, there are three available spaces, offering flexibility for various medical practices or office uses. The first floor offers 2,813 square feet of professional office space, easily divisible to accommodate different needs. The second floor comprises 3,174 square feet of finished professional office space, and an additional 1,495 square feet of raw space ready for build-out to suit specific requirements. This versatile property is ideal for a variety of medical or office tenants seeking a prime location in Maumee, Ohio, with ample parking and a professional atmosphere. The building's multiple tenancy structure provides opportunities for diverse income streams. This is a value-added opportunity for discerning investors or businesses seeking a high-quality, well-maintained space in a desirable location. The zip code is 43537.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 22,272 SF
Lot 5 ac (217,800 SF)
Zoning code 16-C2
APN 36-80177
UPID US66-2188947
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
  • Namay Dentistry Dental Office
  • Mc Pherson Terri Employment Agency
  • Crosstex A Cantel Medical Company Production Facility
  • Eric Warnock Dental Office
  • Mahjabeen Islam Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$715k
Owner & transaction history
Warnock Plaza LLC · 5 yrs held
Warnock Plaza LLC
since 2021
Last sale
$742,600
6 recorded transactions
2021
$742,600
2013
Price N/A
2003
$182,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
16-C2 · Maumee, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Division | Maumee, OH
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message