1639 Toll Gate DrMaumee, OH 43537

Property Details for 1639 Toll Gate Dr

Year built

1997

Lot size

1.74 AC

Property size (Sq ft)

15,500 SF

Zone code

16-C2

Property type

Retail properties

Property subtype

Strip malls

APN

36-00560

APU

3600560

Description

This exceptional 1,750 square foot retail space is situated within the Dussel East Shops, a 15,500 square foot strip center located at 1639 Tollgate Dr in Maumee, Ohio (zip code 43537). Built in 1997, this single-story building sits on a 1.69-acre lot and is zoned C-2. The property boasts excellent visibility and accessibility, featuring two curb cuts and high traffic counts of 17,498 vehicles per day. Its strategic location at the entrance of Arrowhead Business Park, one of Northwest Ohio's largest mixed-use developments, and directly across from a Kroger grocery store, ensures high foot traffic and strong consumer demographics. Within a 5-mile radius, the population exceeds 144,243 residents. The space itself is a former restaurant, complete with a hood system, walk-in cooler, and sinks, making it ideal for a variety of food service or retail businesses. The property is easily accessible from Dussel Drive, just west of South Reynolds Road, in Butler County. This presents a unique opportunity to establish a business in a high-traffic, well-established commercial area with strong community support.

• CAP approach

  CAP return

  Valuation

  6%

  $3,900,517

  6.5%

  $3,600,478

  7%

  $3,343,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,653,672

  Geo Method

  $3,653,672

• Alternative Use

  Use

  Valuation

  Residential

  $3,037,138

  Hospitality

  $2,782,002

  Educational

  $2,314,593

  Medical

  $2,394,195

  Retail

  $3,600,478

Location Insight

City

Maumee

County

Lucas

State

Ohio

Latitude

41.5853

Longitude

-83.6692

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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