For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1590 Albon Rd, Holland, OH 43528

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Retail properties & Spaces

    Type:Retail, Industrial
    Property size:
    23,200 SF
    Price / SF:
    $97/SF
    Added:
    Feb 14, 2026
    Days on Market:
    135
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 1590 Albon Rd

    General Information

    Standard status
    Active
    Size
    23,200 SF
    Property subtype
    Retail, Industrial

    Building Details

    Year Built
    2014

    We can help!

    Contact an agent
    Megan Malczewski

    Listing office Signature Associates

    Listing date Feb 14, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates

    HighLights

    • Retail Property
    • Spacious 23,200 SqFt
    • Built in 2014

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $258.9k $11.16
    − Vacancy −$22.8k −$0.98
    EGI $236.1k $10.18
    − OpEx −$70.8k −$3.05
    NOI $165.3k $7.12
    23,200 SF · lease $11.16/SF/yr · vacancy 8.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.36M
    $2.07M – $2.75M (±1% cap)
    NOI $165,289 @ 7.0% cap · market cap 7.28%
    Second Best
    Industrial
    $1.76M
    $1.54M – $2.06M (±1% cap)
    NOI $123,442 @ 7.0% cap · market cap 5.44%
    Theoretical Best
    Specialty Retail
    $4.25M
    $3.72M – $4.95M (±1% cap)
    NOI $297,227 @ 7.0% cap · market cap 13.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Patsy Thompson Designs ... Department Store Victare Watches Production Facility Legacy Group Planning Financial Advisor Pacts Office Products (Bike/Boat/Book/etc) Store Stikii Shoes Clothing & Fashion Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Auto Parts Store Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holland
    County
    Lucas
    State
    Ohio
    Longitude
    -83.7386444
    Latitude
    41.6121929

    FAQs

    Where is this retail property located?
    The property is located at 1590 Albon Rd Holland, OH.
    What is the asking price?
    The asking price for this property is $2,270,000.
    What are key features of this property?
    This property features: Retail Property; Spacious 23,200 SqFt; Built in 2014
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message