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    Olive Commerce Dr Holland, MI 49424

    Sponsored
    For Sale
    $858,000

    Prime Commercial Land, Excellent Location, $858,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.23-acre commercial land parcel presents a unique investment opportunity in Holland, Michigan. Located on Olive Commerce Drive, this property boasts a highly desirable location adjacent to established businesses like Talsma Furniture and Crown Motors in Ottawa County. Zoned CO, the land offers significant flexibility for a variety of commercial uses, including warehousing, retail, service businesses, or office spaces. The asking price is $858,000, translating to $118,648 per acre. The total land area encompasses 315,002 square feet, with a listing price per square foot of $2.72. While a portion of the property currently supports an operating dairy farm, the significant acreage and strategic location make it ideal for redevelopment into a modern commercial facility. The property's proximity to major roadways and established businesses ensures high visibility and accessibility, making it an attractive proposition for investors and developers seeking a prime location in a thriving Michigan market. The zip code is 49424. This is a single-tenant occupancy opportunity. Serious inquiries are encouraged.

    Property Features for 0 Olive Commerce Dr

    General Information

    Property type
    Land
    Lot Size
    314,939 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Holland
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.1015743
    Latitude
    42.8572516

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Excellent Location, $858,000
    Where is this land located?
    The property is located at Olive Commerce Dr Holland, MI.
    What is the asking price?
    The asking price for this property is $858,000.
    (616) 765-2304
    Request Owner's contact information
    Olive Commerce Dr 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
    Olive Commerce Dr Holland, MI 49424
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