Commercial Building on Airport
8825 Airport Highway Holland, OH 43528
8825 Airport Highway, Holland, OH, 43528
Contact for pricing
For Sale
Contact for pricing
Commercial building available for sale or lease on Airport Highway.
Property Size3,400 SF
Price / SF$154.41
Days on Market58
Property Features for 8825 Airport Highway
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2000
Listing Agency
Signature Associates
Listed by
Rob Keleghan · License #BRKP.2022005426
Source
Crexi
Added: May 21 Checked: Jul 17 at 3:13 am
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
Investment Insights
Based on property information with market context.
A commercial building with 3400 square feet of space is available for sale or lease on Airport Highway.
Key Highlights
- Commercial building available
- Available for sale or lease
- Located on Airport
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 | $37.9k | $11.16 |
| − Vacancy | −$3.3k | −$0.98 |
| EGI | $34.6k | $10.18 |
| − OpEx | −$10.4k | −$3.05 |
| NOI | $24.2k | $7.12 |
3,400 SF · lease $11.16/SF/yr · vacancy 8.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$346.0K
$302.8K – $403.7K
NOI $24,223 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$622.3K
$544.5K – $726.0K
NOI $43,559 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
JCL Construction Services ...
Hardware & Home Improvement
Advanced Snow Plowing
Landscaping
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Commercial building available for sale or lease on Airport Highway.
Where is this retail property located?
The property is located at 8825 Airport Highway Holland, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Commercial building available; Available for sale or lease; Located on Airport
