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Property profile & analytics
OFF-MARKET
Estimated value
$13,100,000
Retail properties & Spaces
7041 Orch Ctr Dr Holland, OH 43528-7960
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-6222282
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2014
Total area
120,077 SF
Lot
9.53 ac (415,257 SF)
Zoning code
24-B3
APN
71-04477
UPID
US66-6222282
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.16M
Comparable Approach
Comparable
$14.44M
Blend (final)
Blend
$13.10M
Owner & transaction history
Kroger Co · 12 yrs held
Kroger Co
since 2014
7 recorded transactions
Zoning & alternative use
24-B3 · Holland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$17.3M
+103.4%
Medical building
$12.2M
+43.1%
Neighborhood: shopping center
$9.7M
+14.7%
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%
$14,260,000
6.5%
$13,160,000
7%
$12,220,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,490,000
Current use
RESTAURANT
$17,270,000
Change: +103% · Conversion: Easy
MEDICAL BUILDING
$12,155,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,735,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,790,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$13.10M
Range $11.79M – $14.41M · ±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
$109 / 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
$260,188
Tax year 2023
Assessed value
$3,444,000
Assessed 2023
Previous assessed
$3,444,000
+0.0% YoY
Effective rate
7.55%
On assessed value
Assessed land
$437,920
Assessed improvement
$3,006,080
Land market value
$1,251,200
Improvement market value
$8,588,800
Total market value
$9,840,000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2014
Heating
NONE
Stories
1
Total area
120,077 SF
Lot
9.53 ac (415,257 SF)
Zoning code
24-B3
APN
71-04477
UPID
US66-6222282
Jurisdiction
LUCAS
Zoning & alternative use
24-B3 · Holland, OH
Zoning 24-B3 · permitted uses
24-B3 · 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
RETAIL STORES Current
Est. value
$8.5M
RESTAURANT
Est. value
$17.3M
MEDICAL BUILDING
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.7M
AUTO REPAIR, GARAGE
Est. value
$8.8M
RETAIL STORES Current
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
2014
Heating
NONE
Stories
1
Lot
9.53 ac
Current owner
From public records · entity-resolved
Kroger Co
Entity
Mailing address
1014 VINE ST, CINCINNATI, OH 45202-1141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2014
—
Kroger Co
Kroger Co
Quit Claim Deed
related
—
Aug 6, 2013
—
Kroger Co
Kroger Co
Quit Claim Deed
—
Apr 10, 2013
$2,500,000
Kroger Co
Atc Realty One LLC
Grant Deed
—
Sep 28, 2011
$3,666,667
Atc Realty One LLC
Sheriff Of Lucas County
Trustees Deed
related
—
Aug 3, 2005
$11,490,000
Flying Tiger Properties II LLC
Srs Farmer Jack LLC
Warranty Deed
$2,950,000 · Wells Fargo Bank NA
Aug 3, 2005
$4,950,000
Srs Farmer Jack LLC
J & K Adrian Bakery LLC
Warranty Deed
—
—
—
Bill G Destefani
—
Deed Of Trust
related
$5,800,000 · Rabobank
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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