Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,525,000
Hotels
1435 Mall Dr Holland, OH 43528-9490
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1458318
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1987
Total area
81,676 SF
Lot
4.47 ac (194,693 SF)
Zoning code
19-C2
APN
65-86954
UPID
US66-1458318
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
-
Courtyard Toledo Airport Holland Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.53M
CAP Approach
CAP
$6.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.53M
Owner & transaction history
East Mall Toledo Blossom LLC · 1 yrs held
East Mall Toledo Blossom LLC
since 2024
Last sale
$6.5M
6 recorded transactions
Zoning & alternative use
19-C2 · Holland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.5M
+793.8%
Restaurant
$8.0M
+649.7%
Medical building
$5.2M
+386.5%
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
$6,525,000
ML approach
$6,525,000
CAP Approach
CAP Return
Estimation
6%
$6,770,000
6.5%
$6,250,000
7%
$5,805,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,495,000
Change: +794% · Conversion: Difficult
RESTAURANT
$7,965,000
Change: +650% · Conversion: Difficult
MEDICAL BUILDING
$5,170,000
Change: +386% · Conversion: Difficult
RETAIL STORES
$5,100,000
Change: +380% · Conversion: Difficult
OFFICE BUILDING
$4,905,000
Change: +362% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,375,000
Change: +312% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,280,000
Change: +303% · Conversion: Difficult
Blend value · Realmo final
$6.53M
Range $5.87M – $7.18M · ±10% · vs last sale $6.53M (Oct 11 2024)
Last sale anchor
$6.53M
Oct 11 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
$80 / 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
$191,271
Tax year 2023
Assessed value
$2,163,210
Assessed 2023
Previous assessed
$2,163,210
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$261,170
Assessed improvement
$1,902,040
Land market value
$746,200
Improvement market value
$5,434,400
Total market value
$6,180,600
Applied tax rate
65.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1987
Heating
NONE
Stories
3
Total area
81,676 SF
Lot
4.47 ac (194,693 SF)
Zoning code
19-C2
APN
65-86954
UPID
US66-1458318
Jurisdiction
LUCAS
Zoning & alternative use
19-C2 · Holland, OH
Zoning 19-C2 · permitted uses
19-C2 · 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
COMMERCIAL (GENERAL)
Est. value
$9.5M
RESTAURANT
Est. value
$8.0M
MEDICAL BUILDING
Est. value
$5.2M
RETAIL STORES
Est. value
$5.1M
OFFICE BUILDING
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1987
Heating
NONE
Stories
3
Lot
4.47 ac
Current owner
From public records · entity-resolved
East Mall Toledo Blossom LLC
Entity
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2024
$6,525,000
East Mall Toledo Blossom LLC
Skyline Cm Holland LLC
Deed
$100,000 · Access Point Financial LLC
May 3, 2022
—
Skyline Cm Holland LLC
Skyline Cm Portfolio LLC
Limited Warranty Deed
$129,625,000 · Metlife Strategic Hotel Originator
Nov 17, 2017
—
Skyline Cm Portfolio LLC
—
Deed
related
$103,493,800 · Deutsche Bank National Trust Co
Jan 5, 2006
$2,214,800
C2 Land LP
Essex House Condo Corp
Limited Warranty Deed
$120,000,000 · Lehman Brothers Bank Fsb
Apr 5, 2005
—
Courtyard II Associates
—
Deed Of Trust
related
$550,000,000 · Lehman Brothers Bank Fsb
—
—
Cbm Two Hotels LP|c2 Land LP
—
Deed Of Trust
related
$670,000,000 · German American Cap
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1435 Mall Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
