1771 Indian Wood CirMaumee, OH 43537

  • Office properties
  • 0.55 AC
For Lease
$17.50/SF/YR View listing

Property Details for 1771 Indian Wood Cir

Lot size
0.55 AC
Zone code
16-CM
Property type
Office properties
Property subtype
Office buildings
APN
35-00542
APU
3500542

Description

This exceptional 9,731-square-foot Class A executive office building is situated on a 1.549-acre lot at 1771 Indian Wood Circle in Maumee, Ohio. Built in 2006, the single-story structure offers a completely vacant space, ideal for a single tenant or multiple occupants. The property boasts ample parking with 45 spaces available for employees and clients. Its location within the South/Southwest submarket of Lucas County provides convenient access to major roadways and amenities. The building is zoned 16-CM, and its APN is 3500551. The property's modern design and generous space make it an attractive option for businesses seeking a prestigious and functional workspace. The entire 9,731 square feet is currently available for lease, presenting a unique opportunity to customize the space to meet specific business needs. This turnkey solution eliminates the need for extensive renovations, allowing for immediate occupancy. The property's prime location and ample parking ensure convenient access and a positive experience for employees and visitors alike. This is a rare opportunity to secure a substantial, high-quality office space in a desirable Maumee location. The zip code is 43537.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,107,654
    6.5%
    $3,791,681
    7%
    $3,520,847
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,244,492
    Geo Method
    $2,244,492
  • Alternative Use

    Use
    Valuation
    Residential
    $4,701,684
    Hospitality
    $4,306,718
    Educational
    $3,583,139
    Medical
    $3,706,368
    Retail
    $5,573,772
1771 Indian Wood Cir, Maumee, Ohio

Location Insight

City
Maumee
County
Lucas
State
Ohio
Latitude
41.5874
Longitude
-83.6863
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,008
$26,670
-
$26,670
-
$76,200
-
$76,200

FAQs

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