Manufacturing and Warehouse
1600 Commerce Rd Holland, OH 43528
1600 Commerce Rd, Holland, OH, 43528
Contact for pricing
For Sale
Contact for pricing
Move-in ready industrial building with 18–22 ft ceilings and heavy power service for manufacturing and warehousing.
Property Size17,928 SF
Price / SF$103.19
Days on Market158
Property Features for 1600 Commerce Rd
General Information
- Standard status
- Active
- Size
- 17,928 SF
- Property subtype
- INDUSTRIAL
Listing Agency
Reichle | Klein Group
(419) 861-1100
Listed by
Lynette Reichle, SIOR
Source
Moodyscre
Added: Feb 13 Updated: Jul 20 at 6:11 pm Checked: Jul 20 at 6:11 pm
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 Reichle | Klein Group
Investment Insights
Based on property information with market context.
This move-in ready industrial building supports both manufacturing and warehousing, with ceiling height measured at approximately 18 to 22 feet. The property is equipped with heavy power, including 480V 3-phase service and a 1600-amp electrical system.
The asset is offered for sale at 1600 Commerce Rd in Holland, Ohio.
For buyers seeking a functional manufacturing-and-warehouse layout with substantial vertical clearance and high-capacity electrical power, this facility provides a ready-to-occupy option based on the features listed.
The asset is offered for sale at 1600 Commerce Rd in Holland, Ohio.
For buyers seeking a functional manufacturing-and-warehouse layout with substantial vertical clearance and high-capacity electrical power, this facility provides a ready-to-occupy option based on the features listed.
Key Highlights
- Move‑in ready manufacturing and warehouse industrial building
- Ceiling height of 18–22 ft
- 480V 3‑phase electrical service with 1,600 amps for heavy power needs
Local Financial Insights For Warehouse
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 | $139.8k | $7.80 |
| − Vacancy | −$3.6k | −$0.20 |
| EGI | $136.3k | $7.60 |
| − OpEx | −$20.4k | −$1.14 |
| NOI | $115.8k | $6.46 |
17,928 SF · lease $7.80/SF/yr · vacancy 2.55% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.65M
$1.45M – $1.93M
NOI $115,832 @ 7.0% cap · market cap 6.26%
Second Best
Industrial
$1.36M
$1.19M – $1.59M
NOI $95,391 @ 7.0% cap · market cap 5.16%
Theoretical Best
Specialty Retail
$3.28M
$2.87M – $3.83M
NOI $229,685 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ottawa Rubber Company
Factory
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Move-in ready industrial building with 18–22 ft ceilings and heavy power service for manufacturing and warehousing.
Where is this manufacturing property located?
The property is located at 1600 Commerce Rd Holland, OH.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Move‑in ready manufacturing and warehouse industrial building; Ceiling height of 18–22 ft; 480V 3‑phase electrical service with 1,600 amps for heavy power needs
