1436 Reynolds RdMaumee, OH 43537

Property Details for 1436 Reynolds Rd

Year built

1975

Lot size

1.52 AC

Property size (Sq ft)

17,594 SF

Zone code

16-C2

Property type

Retail properties

Property subtype

Retail space

APN

36-00304

APU

3600304

Description

This exceptional single-tenant retail property, located at 1436 Reynolds Road in Maumee, Ohio, offers 17,594 square feet of versatile commercial space. Situated on a generous 1.54-acre lot, this property presents a significant opportunity for businesses seeking a prominent location in a thriving community. The building, renovated in 1975, is a single-story structure with ample parking for 30 vehicles. The property boasts robust electrical service, featuring a 400-amp, 3-phase power supply, ideal for businesses with significant energy demands. The zoning designation is C-2 General Commercial, allowing for a wide range of potential uses. The property's address is 1436 Reynolds Road, Maumee, OH 43537, and its Lucas County APN is 00304. Currently, the entire 17,594 square feet is vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. This property is ready for immediate occupancy and represents a rare opportunity to secure a substantial retail presence in a desirable Maumee location. The property's size and location make it an attractive option for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $4,427,464

  6.5%

  $4,086,890

  7%

  $3,794,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,147,272

  Geo Method

  $4,147,272

• Alternative Use

  Use

  Valuation

  Residential

  $3,447,445

  Hospitality

  $3,157,841

  Educational

  $2,627,287

  Medical

  $2,717,643

  Retail

  $4,086,890

Location Insight

City

Maumee

County

Lucas

State

Ohio

Latitude

41.5844

Longitude

-83.664

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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