2221 River RdMaumee, OH 43537

  • Retail space
  • 6,800 SF
For Sale
$499,900 View listing

Property Details for 2221 River Rd

Year built
1955
Lot size
0.36 AC
Property size (Sq ft)
6,800 SF
Zone code
16-C1
Property type
Retail space
APN
36-20897
APU
3620897

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,711,195
    6.5%
    $1,579,564
    7%
    $1,466,738
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,602,902
    Geo Method
    $1,602,902
  • Alternative Use

    Use
    Valuation
    Residential
    $1,332,422
    Hospitality
    $1,220,491
    Educational
    $1,015,434
    Medical
    $1,050,356
    Retail
    $1,579,564

Location Insight

City
Maumee
County
Lucas
State
Ohio
Latitude
41.5755
Longitude
-83.6237
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
$7,610
$14,140
$56,210
$70,350
-
$40,400
$160,600
$201,000

FAQs

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