For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Executive Office Building For Sale Title is generated by Realmo AI

    1710 Tiles Court, Grand Haven, MI 49417

    View on Map
    Claim this Listing
    For Sale
    $1,395,000

    10,320 SF executive office building in a serene setting.

    Type:Commercial/Industrial
    Property size:
    10,320 SF
    Lot size:
    6.48 Acres
    Price / SF:
    $135/SF
    Added:
    Oct 10, 2024
    Days on Market:
    635
    Last Refresh:
    May 19 at 11:20 pm

    Property Features for 1710 Tiles Court

    General Information

    Standard status
    Active
    Size
    10,320 SF
    Lot size
    6.48 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1995

    We can help!

    Contact an agent
    David Ten Cate

    Listing office Capstone Real Estate LLC

    Listing date Oct 10, 2024

    Source Exitrealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Capstone Real Estate LLC

    HighLights

    • 10,320 SF executive office building suitable for professional users
    • Expansive 6 ½‑acre site with 3 acres available for additional construction or sale
    • Nicely finished interior with large foyer, open‑concept areas, 8 private offices/conference rooms, and executive office
    • Includes kitchen, lounge, 3 ADA restrooms, work room, and supply/printer room
    • Ample on‑site parking
    • Serene, natural setting with mature Oak trees and wildlife

    Overview

    This 10,320 SF executive office building is situated in a serene, natural setting characterized by mature Oak trees and abundant wildlife. The interior is finished and suitable for professional use, featuring a large foyer and waiting area. The layout includes two open-concept office areas on each side of the building, along with eight private offices or conference rooms, and a spacious executive office. Offices and work areas surround a central work room and supply/printer room hub, complemented by a kitchen, lounge, and three ADA restrooms. Ample on-site parking is available. The 6.5-acre site includes approximately 3 acres that could be used for additional construction or potentially split off and sold. The owner would consider leasing back a portion of the office space.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $175.9k $17.04
    − Vacancy −$24.3k −$2.35
    EGI $151.6k $14.69
    − OpEx −$37.9k −$3.67
    NOI $113.7k $11.02
    10,320 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.62M
    $1.42M – $1.89M (±1% cap)
    NOI $113,689 @ 7.0% cap · market cap 8.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $128.33M
    $112.29M – $149.72M (±1% cap)
    NOI $8,983,240 @ 7.0% cap · market cap 643.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Superior Concepts Professional Services Tobin Valuations Consultant

    Suggested Use

    Real Estate Agency Law Firm Hair Salon Restaurant Nail Salon Skin Care Clinic Bar & Pub HVAC Service Daycare Center Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Haven
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.1972
    Latitude
    43.0511

    FAQs

    What type of property is this?
    Office building - 10,320 SF executive office building in a serene setting.
    Where is this office building located?
    The property is located at 1710 Tiles Court Grand Haven, MI.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: 10,320 SF executive office building suitable for professional users; Expansive 6 ½‑acre site with 3 acres available for additional construction or sale; Nicely finished interior with large foyer, open‑concept areas, **8 private offices/conference rooms, and executive office**
    More about this property
    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