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Property profile & analytics
FOR SALE
Industrial properties

460 Cleveland Ave Holland, MI 49423

18,386 SF 2.02 ac lot Built 1985
Entity Owned 2-yr Hold Free & Clear
Property ID
US43-2413366
Property summary
AI-generated overview

This exceptional offering presents six remaining newly constructed industrial condo units in the desirable Holland, MI market. Located at 467 Ottawa Avenue, these units boast a prime location, offering convenient access to Lake Macatawa. Each unit features impressive 22'+ ceiling heights, providing ample vertical space for storage or operational needs. Access is facilitated by a generous 14' x 16' overhead door equipped with an operator, ensuring efficient loading and unloading. Additional convenience is provided by both front and rear service doors. The units are available in various sizes, ranging from 1,920 to 5,760 square feet, catering to a diverse range of business requirements. The total building comprises eleven units, with five already under contract, highlighting the strong demand for this type of high-quality industrial space. The property sits on a sizable 1.11-acre lot. Construction completion is anticipated for May 2025. This is a rare opportunity to acquire a modern, well-designed industrial condo unit in a highly sought-after location. The combination of size flexibility, excellent features, and prime location makes this an ideal investment for businesses seeking efficient and strategically positioned space. Don't miss out on this limited opportunity to secure your place in this thriving industrial park. Contact us today to learn more about the available units and pricing.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Total area 18,386 SF
Lot 2.02 ac (87,817 SF)
Zoning code I-1
APN 70-16-31-209-001
UPID US43-2413366
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.07M
Owner & transaction history
Gf & K Equity Holdings LLC · 2 yrs held
Gf & K Equity Holdings LLC
since 2023
3 recorded transactions
2023
Price N/A
2009
Price N/A
2005
Price N/A
Zoning & alternative use
I-1 · Holland, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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