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Property profile & analytics
OFF-MARKET
Estimated value
$12,605,000
Retail properties & Spaces
1355 Mccord Rd Holland, OH 43528-9141
Entity Owned
12-yr Hold
Free & Clear
Property ID
US66-6052746
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2006
Total area
212,664 SF
Lot
21.43 ac (933,578 SF)
Zoning code
24-B3
APN
71-00782
UPID
US66-6052746
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
-
Walmart Connection center Mobile Phone Store Electronics & Wireless Store
-
Walmart Money Center Check Cashing
-
Walmart Photo Center (Bike/Boat/Book/etc) Store
-
Subway Take-out & Catering Catering Service
-
Walmart Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.93M
Blend (final)
Blend
$12.61M
Owner & transaction history
Department Of Transportation · 12 yrs held
Department Of Transportation
since 2014
3 recorded transactions
Zoning & alternative use
24-B3 · Holland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$17.2M
+14.7%
Auto repair, garage
$15.6M
+3.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$15,035,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$17,245,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$15,570,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,725,000
Change: -9% · Conversion: Easy
OFFICE BUILDING
$13,220,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$12.61M
Range $11.34M – $13.87M · ±10%
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
$59 / 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
$250,600
Tax year 2023
Assessed value
$3,322,935
Assessed 2023
Previous assessed
$3,322,935
+0.0% YoY
Effective rate
7.54%
On assessed value
Assessed land
$632,345
Assessed improvement
$2,690,590
Land market value
$1,806,700
Improvement market value
$7,687,400
Total market value
$9,494,100
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
212,664 SF
Lot
21.43 ac (933,578 SF)
Zoning code
24-B3
APN
71-00782
UPID
US66-6052746
Jurisdiction
LUCAS
Zoning & alternative use
24-B3 · Holland, OH
Zoning 24-B3 · permitted uses
24-B3 · 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
RETAIL STORES Current
Est. value
$15.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.2M
AUTO REPAIR, GARAGE
Est. value
$15.6M
COMMERCIAL (GENERAL)
Est. value
$13.7M
OFFICE BUILDING
Est. value
$13.2M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2006
Heating
NONE
Stories
1
Lot
21.43 ac
Current owner
From public records · entity-resolved
Department Of Transportation
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2014
$109,545
Department Of Transportation
Wal-mart Real Estate
Quit Claim Deed
related
—
Oct 15, 2007
$6,398,900
Wal-mart Real Estate Busn
Wmt Spring Meadows Assocs LLC
Grant Deed
—
Jun 15, 2005
—
Wmt Spring Meadows Assocs LLC
Title Guarantee & Trust
Grant Deed
—
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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