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    12386 Felch St Holland, MI 49424

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    For Sale
    $400,248

    Two-tenant retail asset near US Highway 31 in Holland, MI.

    Property size:
    80,280 SF
    Lot size:
    12.26 Acres

    Property Features for 12386 Felch St

    General Information

    Size
    80,280 SF
    Lot size
    12.26 Acres

    Source: Colliers | Fort Lauderdale Agent Christopher Twist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Holland, MI Retail Investment Opportunity

    This two-tenant retail asset is located in Holland, Michigan, off of US Highway 31, a major north-south corridor through western Michigan. The property is situated in an area with a mix of retail, hospitality, and residential properties, including Westshore Mall, which is immediately to the south. The property features a Hobby Lobby lease extension, demonstrating a commitment to the location. Hobby Lobby is ranked #64 on Forbes list of America’s Largest Private Companies. Landlord responsibilities include the roof and structure. The property offers easy access to US Highway 31 and I-196 and is located in a heavy retail corridor with Lowe's, Walmart, and Meijer nearby. The property size is 80280 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hobby Lobby Craft Store Hobby Lobby Parking ... Parking Lot Furniture and Mattress Warehouse Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holland
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.0881935
    Latitude
    42.8184285

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    FAQs

    What type of property is this?
    Strip mall - Two-tenant retail asset near US Highway 31 in Holland, MI.
    Where is this strip mall located?
    The property is located at 12386 Felch St Holland, MI.
    What is the asking price?
    The asking price for this property is $400,248.
    What are key features of this property?
    This property features: - Early 10-year Hobby Lobby lease extension demonstrates a strong commitment to the location.; - Located off US Highway 31, a major north-south corridor in Western Michigan, providing easy access.; - Situated in a well-balanced area with retail, hospitality, and residential properties.
    (561) 602-8390
    Request Owner's contact information
    12386 Felch St Holland, MI 49424
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    Holland, MI 49424
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    Realmo Value Estimation

    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.

    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.

    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
    12386 Felch St Holland, MI 49424
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