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Property profile & analytics
OFF-MARKET Estimated value $2,815,000
Office buildings

1716 Perrysburg Holland Rd Holland, OH 43528-9581

37,600 SF 2 ac lot Built 1990
Entity Owned ~ Est. High Equity
Property ID
US66-1353953
Property summary
AI-generated overview

This exceptional 24,000 square foot traditional office building, known as The Douglas Company Building, presents a unique investment opportunity in Holland, Ohio. Located at 1716 Perrysburg Holland Rd, 43528, this landmark property offers multiple configurations to suit various business needs, making it ideal for owner-occupants seeking income generation or those interested in a sale-leaseback arrangement. The building features perimeter offices throughout, providing ample natural light, along with both perimeter and interior conference rooms for versatile meeting spaces. Multiple entrances and an elevator ensure convenient access for employees and clients. The property's strategic location offers easy access to the US 23/I-475 Airport Hwy Interchange, placing it within minutes of major transportation routes. Situated in Springfield Township, within the JEDZ (Joint Economic Development Zone), this property benefits from a dynamic business environment. Further enhancing its appeal, additional land is available for expansion or future development. The asking price is $2,300,000, translating to $95.83 per square foot. This presents a compelling opportunity to acquire a substantial and well-positioned office building in a thriving Ohio community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 37,600 SF
Lot 2 ac (87,164 SF)
Zoning code 19-C1
APN 65-51751
UPID US66-1353953
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
  • Healthcare Sterling Medical Clinic
  • The Douglas Company Construction Company
  • Design Service Construction Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.66M
Blend (final) Blend
$2.82M
Owner & transaction history
Hewega Partnership
Hewega Partnership
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
19-C1 · Holland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Code – Holland, Ohio
Top alternative use upside
Medical building $3.8M +62.8%
Neighborhood: shopping center $3.1M +30.4%
Auto repair, garage $2.8M +17.8%
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