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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Warehouses
1015 Holland Park Blvd Holland, OH 43528-9287
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1093343
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Total area
9,630 SF
Lot
0.72 ac (31,176 SF)
Zoning code
24-M1
APN
71-04224
UPID
US66-1093343
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
American Rent All Party Supply Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
$955k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Jnk Family Enterprise LLC · 1 yrs held
Jnk Family Enterprise LLC
since 2024
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
24-M1 · Holland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+282.0%
Medical building
$975,000
+168.8%
Neighborhood: shopping center
$780,000
+115.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Holland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$870,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$890,000
Alternative Use
Use
Estimation
RESTAURANT
$1,385,000
Change: +282% · Conversion: Difficult
MEDICAL BUILDING
$975,000
Change: +169% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$780,000
Change: +115% · Conversion: Moderate
AUTO REPAIR, GARAGE
$705,000
Change: +94% · Conversion: Easy
RETAIL STORES
$680,000
Change: +88% · Conversion: Moderate
COMMERCIAL (GENERAL)
$620,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$600,000
Change: +65% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $775k (Apr 23 2024)
Last sale anchor
$775k
Apr 23 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,780
Tax year 2023
Assessed value
$141,890
Assessed 2023
Previous assessed
$141,890
+0.0% YoY
Effective rate
7.60%
On assessed value
Assessed land
$18,620
Assessed improvement
$123,270
Land market value
$53,200
Improvement market value
$352,200
Total market value
$405,400
Applied tax rate
71.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Heating
NONE
Stories
2
Total area
9,630 SF
Lot
0.72 ac (31,176 SF)
Zoning code
24-M1
APN
71-04224
UPID
US66-1093343
Jurisdiction
LUCAS
Zoning & alternative use
24-M1 · Holland, OH
Zoning 24-M1 · permitted uses
24-M1 · Holland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$975,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$705,000
RETAIL STORES
Est. value
$680,000
COMMERCIAL (GENERAL)
Est. value
$620,000
OFFICE BUILDING
Est. value
$600,000
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Stories
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Jnk Family Enterprise LLC
Entity
Mailing address
3900 N MCCORD RD, TOLEDO, OH 43617-1049
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
$775,000
Jnk Family Enterprise LLC
Larry G Hutson
Warranty Deed
—
Mar 20, 2023
—
Waterford Bank NA
Larry G Hutson
Assignment Of Lease (leasehold Sale)
related
—
Jul 25, 2018
—
Larry G Hutson
Hutson,larry & Nancy
Quit Claim Deed
related
—
Jan 17, 2001
$425,000
Larry Hutson
L E Smith Co
Warranty Deed
related
$221,850 · Huntington Nat'l Bk
—
—
Hutson,larry G & Nancy W
—
Deed Of Trust
related
$461,000 · Waterford Bk NA
—
—
Hutson,larry G & Nancy W
—
Deed Of Trust
related
$269,742 · Waterford Bk NA
—
—
Larry G Hutson
—
Deed Of Trust
related
$75,000 · Huntington National Bank
—
—
Hutson,larry & Nancy
—
Loan Modification, Consolidation And Extension
related
$171,862 · Huntington Nat'l Bk/wv
—
—
Larry G Hutson
—
Deed Of Trust
related
$580,000 · Huntington National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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