6834 Spring Valley DrHolland, OH 43528

  • Office properties
  • 32,108 SF
For Sale
$950,000 View listing

Property Details for 6834 Spring Valley Dr

Year built
1977
Lot size
1.11 AC
Property size (Sq ft)
32,108 SF
Zone code
19-C2
Property type
Office properties
Property subtype
Office buildings
APN
65-80667
APU
6580667

Description

This exceptional two-story executive office building, located at 6834 Spring Valley Drive in Holland, Ohio, presents a unique investment opportunity. Boasting 32,108 square feet, this well-maintained property was built in 1977 and extensively renovated in 2018. The building sits on a 1.112-acre lot and offers ample parking with 55 spaces. Its convenient location within Lucas County, Ohio, and its C-2 (Springfield Twp.) zoning provide significant flexibility. The interior features raised floors and some rooms benefit from extra HVAC units, ensuring optimal climate control. High-capacity fiber internet connectivity, provided by ACD + Net - Buckeye, guarantees seamless communication. The layout is ideal for a single user seeking full occupancy or multiple tenants requiring partial floor spaces. The building offers a natural split into various sized suites with common hallways. This property is situated within a Joint Economic Development Zone (JEDZ), offering potential economic incentives. Furthermore, the building benefits from dual power services, providing heavy power capacity. The asking price is $950,000. APN: 80667

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,496,502
    6.5%
    $5,073,694
    7%
    $4,711,288
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,003,382
    Geo Method
    $3,003,382
  • Alternative Use

    Use
    Valuation
    Residential
    $6,291,381
    Hospitality
    $5,762,872
    Educational
    $4,794,642
    Medical
    $4,959,536
    Retail
    $7,458,331
6834 Spring Valley Dr, Holland, Ohio

Location Insight

City
Holland
County
Lucas
State
Ohio
Latitude
41.6133
Longitude
-83.7047
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,175
$68,635
$247,030
$315,665
-
$196,100
$705,800
$901,900

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