6135 Trust DrHolland, OH 43528

  • Office buildings
  • 57,990 SF
For Lease
$16.50/SF/YR View listing

Property Details for 6135 Trust Dr

Year built
1987
Lot size
4.44 AC
Property size (Sq ft)
57,990 SF
Zone code
19-C2
Property type
Office buildings
APN
65-57057
APU
6557057

Description

Waterplace South, a Class A office building located at 6135 Trust Dr, Holland, OH 43528, offers exceptional executive office space. This two-story building, totaling 58,552 square feet, underwent a complete renovation in 2019. Currently, 39,985 square feet of space is available for lease, divisible into units ranging from a minimum of 835 square feet to a maximum contiguous space of 14,855 square feet. The property sits on a 4.49-acre lot and boasts 120 parking spaces and elevators for convenient access. Its C-2 zoning allows for a variety of commercial uses. Strategically located near the I-475/US23 interchange (less than half a mile away), Waterplace South enjoys easy access to major transportation routes. Furthermore, its proximity to numerous restaurants, hotels, and other amenities within a one-mile radius adds to its appeal. The building's address is conveniently located on Trust Drive, with Airport Highway as a cross street. The property's APN is 65-57057. This prime location and modern amenities make Waterplace South an ideal choice for businesses seeking high-quality executive office space in Holland, Ohio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,927,189
    6.5%
    $9,163,559
    7%
    $8,509,019
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,424,384
    Geo Method
    $5,424,384
  • Alternative Use

    Use
    Valuation
    Residential
    $11,362,813
    Hospitality
    $10,408,275
    Educational
    $8,659,563
    Medical
    $8,957,379
    Retail
    $13,470,431
6135 Trust Dr, Holland, Ohio

Location Insight

City
Holland
County
Lucas
State
Ohio
Latitude
41.6153
Longitude
-83.6881
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
$127,009
$73,360
$1,356,950
$1,430,310
-
$209,600
$3,877,000
$4,086,600

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