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Property profile & analytics
OFF-MARKET
Estimated value
$3,650,000
Commercial real estate
1615 Timber Wolf Dr Holland, OH 43528-8304
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-1965198
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
30,120 SF
Lot
6.99 ac (304,572 SF)
Zoning code
19-C2
APN
65-94242
UPID
US66-1965198
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
-
Western Toledo Preparatory Academy at Spring Meadows High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.98M
Comparable Approach
Comparable
$3.54M
Blend (final)
Blend
$3.65M
Owner & transaction history
Rm Ilead Spring Meadows Oh LLC · 6 yrs held
Rm Ilead Spring Meadows Oh LLC
since 2019
4 recorded transactions
Zoning & alternative use
19-C2 · Holland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+122.9%
Medical building
$3.1M
+56.8%
Neighborhood: shopping center
$2.4M
+25.7%
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%
$4,305,000
6.5%
$3,975,000
7%
$3,690,000
Alternative Use
Use
Estimation
RESTAURANT
$4,330,000
Change: +123% · Conversion: Difficult
MEDICAL BUILDING
$3,050,000
Change: +57% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,440,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,205,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$3.65M
Range $3.29M – $4.02M · ±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
$121 / 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
$137,936
Tax year 2023
Assessed value
$1,555,015
Assessed 2023
Previous assessed
$1,555,015
+0.0% YoY
Effective rate
8.87%
On assessed value
Assessed land
$295,470
Assessed improvement
$1,259,545
Land market value
$844,200
Improvement market value
$3,598,700
Total market value
$4,442,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Total area
30,120 SF
Lot
6.99 ac (304,572 SF)
Zoning code
19-C2
APN
65-94242
UPID
US66-1965198
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
RESTAURANT
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
6.99 ac
Current owner
From public records · entity-resolved
Rm Ilead Spring Meadows Oh LLC
Entity
Mailing address
1674 MERIDIAN AVE STE #420, MIAMI BEACH, FL 33139-2807
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2019
$4,361,700
Rm Ilead Spring Meadows Oh LLC
Education Capital Solutions LLC
Limited Warranty Deed
$450,000,000 · Us Bank NA
Apr 14, 2016
$2,450,000
Education Capital Solutions Ll
Start Real Estate LLC
Grant Deed
—
Feb 3, 2006
—
Start Real Estate LLC
Start Real Estate LLC
Quit Claim Deed
related
—
Feb 3, 2006
$419,645
Start Real Estate LLC
Fred Bostleman & Assocs INC
Warranty 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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