959 Illinois Ave Maumee, OH 43537
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
16-C2 · Maumee, OHCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.