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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Office buildings
6923 Angola Rd Holland, OH 43528-6000
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US66-0965726
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Total area
7,292 SF
Lot
0.8 ac (34,804 SF)
Zoning code
24-SUP
APN
71-01327
UPID
US66-0965726
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
-
VX-LLC Factory Industrial Manufacturer
-
United States Postal Service Money Order Service Shipping And Mailing Service
-
EDGE 2 EDGE LOGISTICS Freight Service Logistics Company
-
One Pebble Life Coaching, LLC Life Coach
-
Getaway Medics LLC Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$516k
Blend (final)
Blend
$640k
Owner & transaction history
Zerbey Properties Ltd · 16 yrs held
Zerbey Properties Ltd
since 2010
2 recorded transactions
Zoning & alternative use
24-SUP · Holland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Code – Holland, Ohio
Top alternative use upside
Restaurant
$1.1M
+131.4%
Medical building
$740,000
+62.8%
Neighborhood: shopping center
$590,000
+30.4%
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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$455,000
Current use
RESTAURANT
$1,050,000
Change: +131% · Conversion: Moderate
MEDICAL BUILDING
$740,000
Change: +63% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$535,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$515,000
Change: +14% · Conversion: Moderate
COMMERCIAL (GENERAL)
$470,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$88 / 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
$27,266
Tax year 2023
Assessed value
$361,480
Assessed 2023
Previous assessed
$361,480
+0.0% YoY
Effective rate
7.54%
On assessed value
Assessed land
$57,960
Assessed improvement
$303,520
Land market value
$165,600
Improvement market value
$867,200
Total market value
$1,032,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1995
Heating
NONE
Stories
1
Total area
7,292 SF
Lot
0.8 ac (34,804 SF)
Zoning code
24-SUP
APN
71-01327
UPID
US66-0965726
Jurisdiction
LUCAS
Zoning & alternative use
24-SUP · Holland, OHZoning 24-SUP · permitted uses
24-SUP · Holland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Code – Holland, Ohio
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$455,000
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$535,000
RETAIL STORES
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$470,000
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1995
Heating
NONE
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Zerbey Properties Ltd
Entity
Mailing address
8970 OAK VLY RD, HOLLAND, OH 43528-9261
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2010
$1,100,000
Zerbey Properties Ltd
Yoder Land Co LLC
Warranty Deed
$991,950 · Signature Bank
Oct 3, 2007
—
Yoder Land Co LLC
Zerbey,david E & Diana L
Quit Claim Deed
related
—
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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