Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Parcel 3 143Rd Ave Holland, MI 49423

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $190,000

    Vacant commercial land with frontage and highway visibility.

    Property size:
    98,010 SF
    Lot size:
    2.25 Acres

    Property Features for Parcel 3 143Rd Ave

    General Information

    Standard status
    Pending
    Size
    98,010 SF
    Lot size
    2.25 Acres

    We can help!

    Listing Contact
    Ryan M Prichard
    Ryan M Prichard
    Source: Exitrealty

    Listing Agency: Blue Beacon Realty Listing Agent: Ryan M Prichard

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

    Learn more

    Overview

    Commercial Land Parcel on 143rd

    This vacant commercial land parcel features road frontage on 143rd Avenue and visibility from I-196 Gerald R. Ford Freeway. It is easily accessible from Blue Star Highway. The property is located near Blue Star RV and Northern Heating and Cooling, with convenient refueling options at Pilot and Speedway at the M-40 exit 49. Situated in Holland, within the township of Fillmore, and Allegan County, the location benefits from proximity to the West Michigan Regional Airport, facilitating land and air transport. Public water and public sewer services are available at the street. The property size is 98010 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Big Box & Wholesale Store Hotel & Motel Auto Parts Store Plumbing Service Pet Store Pet Store & Service Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Holland
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.0965052
    Latitude
    42.7344362

    Nearby Similar for Sale

    • $799,900
      4,379 SF

      Unique Office Suite in Holland

      Meticulously designed office suite in Holland's vibrant Eastcore community.
      217 E 24Th St, Holland, MI 49423
      View Details
    • $329,900
      2,750 SF

      Holland Commercial Building For Sale

      Commercial duplex with office and warehouse space available for sale.
      38 Veterans Dr, Holland, MI 49423
      View Details
    • New
      $395,000
      1,002 SF

      Holland Restaurant with Drive-Thru

      Turnkey restaurant opportunity in high-traffic Holland location.
      517 Butternut Dr, Holland, MI 49424
      View Details
    • $525,000
      3,000 SF

      Commercial Condo with Office Space

      Commercial condo with office and garage space in Holland, MI.
      11322 E Lakewood Blvd, Holland, MI 49424
      View Details
    • $910,000
      3,237 SF

      Finished Office Space in Holland

      Finished office space with kitchenette and conference room in Holland.
      85 E 8Th St, Holland, MI 49423
      View Details
    • $850,000
      1,104 SF

      Holland Restaurant/Retail Opportunity For Sale

      High-profile corner location with existing restaurant infrastructure.
      442 E 32Nd St, Holland, MI 49423
      View Details
    • $599,900
      Pending

      Holland Automotive Investment Opportunity

      6,000 SF commercial property in prime Holland location.
      2470 Van Ommen Dr, Holland, MI 49424
      View Details
    • $825,705
      3,236 SF

      Unfinished Office Space in Holland

      3,236 SF unfinished office space with customization potential.
      85 E 8Th St, Holland, MI 49423
      View Details
    • $791,120
      3,840 SF

      New Storage Condos Near Lake

      New storage condo units with high ceilings near Lake Macatawa.
      460 Cleveland Ave, Holland, MI 49423
      View Details
    • New
      $925,000
      0.50 Acres

      Renovated Multifamily Property in Holland

      Turnkey multifamily property with updated units in Holland, Michigan.
      1041 Abbey Ct, Holland, MI 49423
      View Details
    • $409,500
      1,920 SF

      Holland Storage Condos For Sale

      New storage condo units near Lake Macatawa, ranging from 1,920-5,760 SF.
      460 Cleveland Ave, Holland, MI 49423
      View Details
    • $4,800,000
      Pending

      Downtown Holland Commercial Space Available

      Versatile commercial space in downtown Holland with multiple loading docks.
      147 E 6Th St, Holland, MI 49423
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant commercial land with frontage and highway visibility.
    Where is this commercial land located?
    The property is located at Parcel 3 143Rd Ave Holland, MI.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - Visible from I-196 Gerald R. Ford Fwy.; - Road frontage on 143rd Ave.; - Easy access off of Blue Star Hwy.
    (616) 295-3632
    Request Owner's contact information
    Parcel 3 143Rd Ave Holland, MI 49423
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Parcel 3 143Rd Ave
    Holland, MI 49423
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Parcel 3 143Rd Ave Holland, MI 49423
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan M Prichard
    Ryan M Prichard
    Real Estate License ID: 6506048360
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!