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    For Sale (52)

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    Commercial Land on M21 & M66
    $499,000
    3.53 Acres

    Commercial Land on M21 & M66

    3.53 acres at the corner of M21 and M66.

    428 W Lincoln Ave, Ionia, MI 48846
    View details
    Fennville Multi-Family Investment Opportunity
    $1,375,000
    4.48 Acres

    Fennville Multi-Family Investment Opportunity

    Two attached homes on 4.5 wooded acres near Lake Michigan.

    5479 Liland Trce, Fennville, MI 49408
    View details
    Land Overlooking Thornapple River
    $89,000
    0.80 Acres

    Land Overlooking Thornapple River

    Building site with access to wildlife preserve near Thornapple River.

    Dakota Trl, Hastings, MI 49058
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    Land Overlooking Thornapple River
    $175,000
    0.60 Acres

    Land Overlooking Thornapple River

    Building sites with access to a 24-acre wildlife preserve.

    Dakota Trl, Hastings, MI 49058
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    Land Overlooking Thornapple River
    $89,000
    0.90 Acres

    Land Overlooking Thornapple River

    Building site with access to wildlife preserve near Thornapple River.

    Dakota Trl, Hastings, MI 49058
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    Grandville Office Building For Sale
    $2,950,000
    16,032 SF

    Grandville Office Building For Sale

    High visibility, fully leased office building with strong tenant mix.

    4301 Canal Ave SW, Grandville, MI 49418
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    Pullman, MI Wooded Land Parcel
    $205,000
    29.98 Acres

    Pullman, MI Wooded Land Parcel

    Approximately 30-acre wooded land parcel near Pullman and Walle Field Airport.

    5936 108Th Ave, Pullman, MI 49450
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    Residential Land in Freeport, MI
    $89,900
    1.24 Acres

    Residential Land in Freeport, MI

    1.24 acre residential land for sale in Freeport, MI.

    High Rdg Ct, Freeport, MI 49325
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    Prime Land Parcel in Ionia
    $580,000
    14.98 Acres

    Prime Land Parcel in Ionia

    15-acre commercial land near Sparrow Ionia Hospital.

    3615 S State Rd, Ionia, MI 48846
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    Holland, MI Multi-Family Zoned Land
    $149,900
    0.52 Acres

    Holland, MI Multi-Family Zoned Land

    Multi-family zoned land near stores, schools, and parks.

    561 Century Ln, Holland, MI 49423
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    Freeport Diner Opportunity
    $240,000
    3,878 SF

    Freeport Diner Opportunity

    Well-established diner in downtown Freeport with seating for 54.

    112 N State St, Freeport, MI 49325
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    Versatile Land on Well-Traveled Highway
    $179,900
    6.67 Acres

    Versatile Land on Well-Traveled Highway

    6.7-acre commercial land with high visibility and easy access.

    60Th St, Holland, MI 49423
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    Land Overlooking Thornapple River
    $150,000
    0.60 Acres

    Land Overlooking Thornapple River

    Building sites with access to a 24-acre wildlife preserve.

    Dakota Trl, Hastings, MI 49058
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    Land Overlooking Thornapple River
    $89,000
    0.90 Acres

    Land Overlooking Thornapple River

    Building site with access to wildlife preserve near Thornapple River.

    Dakota Trl, Hastings, MI 49058
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    Ranch-Style Duplex with Three-Stall Garage
    $400,000
    0.30 Acres

    Ranch-Style Duplex with Three-Stall Garage

    Ranch duplex with finished basements, private decks, and three-stall garage.

    944 Lancashire Ct SE, Grand Rapids, MI 49508
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    Holland, MI Multi-Family Land
    $149,900
    0.50 Acres

    Holland, MI Multi-Family Land

    Multi-family zoned land near stores, schools, and parks.

    541 Century Ln, Holland, MI 49423
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    Land in Lakeside Dunes Community
    $120,000
    0.09 Acres

    Land in Lakeside Dunes Community

    Buildable lot in golf course community near Lake Michigan.

    2877 Duneside Trl, Muskegon, MI 49441
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    Land in Lakeside Dunes Community
    $170,000
    0.09 Acres

    Land in Lakeside Dunes Community

    Buildable lot in golf course community near Lake Michigan.

    2880 Duneside Trl, Muskegon, MI 49441
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    Holland, MI Multi-Family Zoned Land
    $149,900
    0.52 Acres

    Holland, MI Multi-Family Zoned Land

    Multi-family zoned land near shopping, schools, and parks.

    551 Century Ln, Holland, MI 49423
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    Vacant Land Near Downtown Ionia
    $100,000
    0.60 Acres

    Vacant Land Near Downtown Ionia

    Commercial land parcel in high-visibility location, ready for development.

    261 S Dexter St, Ionia, MI 48846
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    Vacant Land Near Grass Lake
    $250,000
    38.10 Acres

    Vacant Land Near Grass Lake

    38.1 acres of wooded land with lake frontage.

    W Snows Lake Rd, Fenwick, MI 48834
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    Residential Land in High Ridge
    $59,900
    0.98 Acres

    Residential Land in High Ridge

    Residential land with sunrise and sunset views, bring your builder!

    High Rdg Ct, Freeport, MI 49325
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    Corner Lot in Ionia, MI
    $130,000
    0.39 Acres

    Corner Lot in Ionia, MI

    High visibility corner lot suitable for residential or commercial use.

    Reimer Dr, Ionia, MI 48846
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    Holland, MI Residential Land
    $2,100,000
    28.57 Acres

    Holland, MI Residential Land

    Residential land available in Holland, MI with future utilities.

    3717 Beeline Rd, Holland, MI 49424
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    Adaptable Office Building For Sale
    $112,000
    1,600 SF

    Adaptable Office Building For Sale

    Office building suitable for multiple uses, great accessibility.

    1762 Oak Ave, Muskegon, MI 49442
    View details
    2-Acre Building Site in Rockford
    $155,000
    2.16 Acres

    2-Acre Building Site in Rockford

    2.16 acre building site in Cannon Township, Rockford Schools.

    6133 Tiffany Ave NE, Rockford, MI 49341
    View details
    Lake City Car Wash Business
    $300,000
    0.24 Acres

    Lake City Car Wash Business

    Self-serve car wash business with real property and assets.

    991 S Lakeshore Dr, Lake City, MI 49651
    View details
    Residential Land in High Ridge
    $88,500
    1.00 Acre

    Residential Land in High Ridge

    One-acre residential land with sunset views in Freeport, Michigan.

    High Rdg Ct, Freeport, MI 49325
    View details
    Grand Rapids Commercial Corner Property
    $600,000
    2,416 SF

    Grand Rapids Commercial Corner Property

    Corner location suitable for owner/operator or redevelopment.

    2960 Division Ave S, Grand Rapids, MI 49548
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    Historic Holland Multifamily Opportunity
    $378,800
    0.08 Acres

    Historic Holland Multifamily Opportunity

    Classic 4-Square near downtown Holland, suitable for single or multi-family.

    356 Pine Ave, Holland, MI 49423
    View details
    Grandville Wooded Land For Sale
    $90,000
    1.58 Acres

    Grandville Wooded Land For Sale

    1.59 acre wooded lot in Grandville School district.

    3655 40Th St SW, Grandville, MI 49418
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    Commercial Lot in Ionia
    $60,000
    0.91 Acres

    Commercial Lot in Ionia

    Commercial lot in a bustling business corridor.

    Brown Blvd, Ionia, MI 48846
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    Land Overlooking Thornapple River
    $165,000
    1.90 Acres

    Land Overlooking Thornapple River

    Building sites with access to a 24-acre wildlife preserve.

    Dakota Trl, Hastings, MI 49058
    View details
    Land Overlooking Thornapple River
    $150,000
    0.60 Acres

    Land Overlooking Thornapple River

    Building sites with access to a 24-acre wildlife preserve.

    Dakota Trl, Hastings, MI 49058
    View details
    Two-Story Duplex in Grand Rapids
    $200,000
    0.12 Acres

    Two-Story Duplex in Grand Rapids

    Two-story duplex with two units, suitable for investment.

    457 Howard St SE, Grand Rapids, MI 49507
    View details
    Residential Lot Near Grand River
    $75,000
    0.28 Acres

    Residential Lot Near Grand River

    Vacant lot in Lowell, near downtown and Grand River.

    222 S Division St, Lowell, MI 49331
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    Buildable Land in Hamilton School
    $310,000
    5.38 Acres

    Buildable Land in Hamilton School

    5.38-acre parcel in Hamilton School District with scenic views.

    57Th St, Hamilton, MI 49419
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    Residential Land in High Ridge
    $89,500
    1.02 Acres

    Residential Land in High Ridge

    New development land with sunrise and sunset views.

    High Rdg Ct, Freeport, MI 49325
    View details
    Downtown Freeport Diner Opportunity
    $240,000
    3,878 SF

    Downtown Freeport Diner Opportunity

    Established diner in downtown Freeport with seating for 54.

    112 N State St, Freeport, MI 49325
    View details
    Two-Story Duplex with Storage Space
    $220,000

    Two-Story Duplex with Storage Space

    Two-story duplex with basement and attic storage in Grand Rapids.

    457 Howard St SE, Grand Rapids, MI 49507
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    Shelbyville Industrial/Warehouse Opportunity
    $225,000

    Shelbyville Industrial/Warehouse Opportunity

    1,782 SF industrial/warehouse building on 0.244 acres for sale.

    2380 South Patterson Rd, Shelbyville, MI 49344
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    Redevelopment Opportunity in Grand Rapids
    $375,000

    Redevelopment Opportunity in Grand Rapids

    Prime commercial land in active corridor with redevelopment potential.

    4405 Eastern Ave Southeast, Grand Rapids, MI 49548
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    Belding Commercial District Investment Opportunity
    $299,900

    Belding Commercial District Investment Opportunity

    Versatile spaces in Belding's historic district, ideal for redevelopment.

    240 Ashfield St, Belding, MI 48809
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    Prime Land in White Cloud
    $525,000

    Prime Land in White Cloud

    4.02 acres zoned for growing and processing with utilities.

    1312 Washington St, White Cloud, MI 49349
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    Muskegon Commercial Corridor Opportunity
    $1,199,000

    Muskegon Commercial Corridor Opportunity

    10+ acre parcel with 12,000+ SF building on M-46.

    3555 East Apple Ave, Muskegon, MI 49442
    View details
    Industrial Land in White Cloud
    $174,900

    Industrial Land in White Cloud

    Industrial land suitable for various applications in White Cloud, MI.

    1533 Washington St, White Cloud, MI 49349
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    Versatile Commercial Building in Grand Rapids
    $925,000

    Versatile Commercial Building in Grand Rapids

    Commercial property with retail, office, and restaurant potential.

    845 4 Mile Rd Northwest, Grand Rapids, MI 49544
    View details
    Renovated Retail/Office Building Near Kellogg's
    $750,000

    Renovated Retail/Office Building Near Kellogg's

    3,900 SF renovated property with 28th Street frontage.

    311 28Th St SE, Grand Rapids, MI 49548
    View details
    Commercial Land on Grand River Avenue
    $200,000

    Commercial Land on Grand River Avenue

    Development-ready commercial land with high visibility and frontage.

    1131 East Grand River Ave, Portland, MI 48875
    View details
    Lake City Car Wash Business
    $300,000

    Lake City Car Wash Business

    Self-serve car wash with updated technology and remote operation.

    991 South Lakeshore Dr, Lake City, MI 49651
    View details
    Vacant Land Near Downtown Ionia
    $100,000
    26,310 SF

    Vacant Land Near Downtown Ionia

    Vacant land suitable for business, close to downtown Ionia.

    261 South Dexter St, Ionia, MI 48846
    View details
    Freeport Commercial Property for Sale
    $240,000

    Freeport Commercial Property for Sale

    Commercial property available in Freeport, Michigan.

    112 N State St, Freeport, MI 49325
    View details

    For Lease (9)

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    High Visibility Office Space Available
    $20 SF/Yr
    1,000 SF

    High Visibility Office Space Available

    1000 sq ft office space in high traffic location.

    806 Hogsback Rd, Mason, MI 48854
    View details
    Renovated Commercial Space in Holland
    $20 SF/Yr
    2,606 SF

    Renovated Commercial Space in Holland

    Professionally renovated commercial space with modern finishes and excellent accessibility.

    983 Lincoln Ave, Holland, MI 49423
    View details
    Hudsonville Warehouse Space For Rent
    $6 SF/Yr
    4,022 SF

    Hudsonville Warehouse Space For Rent

    Flexible storage space adjacent to loading docks in Hudsonville.

    4055 Van Buren St, Hudsonville, MI 49426
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    Flexible Storage Space Available
    $5 SF/Yr

    Flexible Storage Space Available

    Storage space for dry, refrigerated, or frozen goods, near docks.

    4055 Van Buren St, Hudsonville, MI 49426
    View details
    Kentwood Commercial Space For Lease
    Contact for pricing

    Kentwood Commercial Space For Lease

    Versatile commercial spaces available in high-traffic Kentwood location.

    2975 28Th St Southeast, Kentwood, MI 49512
    View details
    Prime Downtown Grand Rapids Location
    Contact for pricing

    Prime Downtown Grand Rapids Location

    High-visibility commercial space in a central downtown location.

    53 Monroe Center St Northwest, Grand Rapids, MI 49503
    View details
    Wyoming Industrial Facility For Lease
    Contact for pricing

    Wyoming Industrial Facility For Lease

    33,000 SF industrial facility with high ceilings and versatile capabilities.

    2505 Thornwood St Southwest, Wyoming, MI 49519
    View details
    High Visibility Office Space Available
    Contact for pricing

    High Visibility Office Space Available

    1000 sq ft office space ideal for insurance/real estate.

    806 Hogsback Rd, Mason, MI 48854
    View details
    Renovated Commercial Space For Lease
    $20 SF/Yr

    Renovated Commercial Space For Lease

    Professionally renovated commercial space with modern finishes and excellent accessibility.

    983 Lincoln Ave, Holland, MI 49423
    View details

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    Keller Williams Realty Rivertown
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keller Williams Realty Rivertown
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