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Property profile & analytics
OFF-MARKET
Warehouses
1640 Commerce Rd Holland, OH 43528-8689
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-6215078
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Total area
7,200 SF
Lot
1.04 ac (45,259 SF)
Zoning code
30-M1
APN
60-21281
UPID
US66-6215078
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
-
Industrial Contracting Services Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
National Flight Services INC · 6 yrs held
National Flight Services INC
since 2019
6 recorded transactions
Zoning & alternative use
30-M1 · Holland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,406
Tax year 2023
Assessed value
$109,795
Assessed 2023
Previous assessed
$109,795
+0.0% YoY
Effective rate
9.48%
On assessed value
Assessed land
$10,360
Assessed improvement
$99,435
Land market value
$29,600
Improvement market value
$284,100
Total market value
$313,700
Applied tax rate
60.0000
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
1984
Heating
NONE
Stories
1
Total area
7,200 SF
Lot
1.04 ac (45,259 SF)
Zoning code
30-M1
APN
60-21281
UPID
US66-6215078
Jurisdiction
LUCAS
Zoning & alternative use
30-M1 · Holland, OH
Zoning 30-M1 · permitted uses
30-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.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
National Flight Services INC
Entity
Mailing address
10971 E AIRPORT SERVICE RD, SWANTON, OH 43558-9617
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2019
—
National Flight Services INC
Robert John Associates LLC
Quit Claim Deed
related
—
Feb 28, 2017
—
Robert John Associates LLC
—
Deed
related
$375,000 · Other Institutional Lenders
Aug 23, 2010
$285,000
Robert John Associates
Grayline Properties LLC
Warranty Deed
$230,400 · Fifth Third Bank
Jan 24, 2007
—
Grayline Properties LLC
Industrial Contracting Svcs In
Warranty Deed
—
Dec 29, 2006
$345,000
Industrial Contracting Services INC
Bft Fluid Tech Corp
Corporation Deed
$293,250 · National City Bank
—
—
Robert John Associates LLC
—
Deed Of Trust
related
$375,000 · Other Institutional Lenders
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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