7350 Airport HwyHolland, OH 43528

Property Details for 7350 Airport Hwy

Year built

1994

Lot size

1.72 AC

Property size (Sq ft)

16,080 SF

Zone code

19-C2

Property type

Retail properties

Property subtype

Strip malls

APN

65-38591

APU

6538591

Description

Airport Meadows, a single-story, 16,080 square foot retail strip center, presents a prime opportunity in Holland, Ohio. Built in 1994 and renovated in 2016, this property boasts 110 parking spaces and sits on a 1.71-acre lot at 7350 Airport Highway, easily accessible from Shamrock Drive with two convenient entry points. Currently, 1,400 square feet of retail space is available for lease within this established commercial hub. The center is zoned C-2 General Commercial and features a diverse tenant mix, including fast food, specialty retail, and service businesses. Its strategic location on the north side of State Route 2 ensures high visibility and significant foot traffic, benefiting from its proximity to major retailers such as Kroger, Menards, and Aldi. The property's location within a growing residential community guarantees a consistent customer base. The Lucas County property (APN: 65-38591, 65-38601) offers excellent potential for businesses seeking a thriving retail environment in the South/Southwest submarket. This is a rare opportunity to establish a presence in a well-established and highly visible location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,046,472

  6.5%

  $3,735,205

  7%

  $3,468,404

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,790,390

  Geo Method

  $3,790,390

• Alternative Use

  Use

  Valuation

  Residential

  $3,150,785

  Hospitality

  $2,886,102

  Educational

  $2,401,203

  Medical

  $2,483,784

  Retail

  $3,735,205

Location Insight

City

Holland

County

Lucas

State

Ohio

Latitude

41.6108

Longitude

-83.7161

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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