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    14130 172Nd Ave Grand Haven, MI 49417

    Sponsored
    For Sale
    $6,420,400

    111,000 SF Industrial Net Lease

    Property size:
    111,308 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional Grand Haven, MI industrial property, built in 2016, offers 111,308 square feet of manufacturing space. The single-tenant, absolute NNN net lease boasts a substantial remaining term of 21.6 years, expiring July 7, 2046. The property features a 6.50% cap rate and a strong NOI of $417,326, with an asking price of $6,420,400 ($57.68/sq ft). The building boasts high-bay concrete and steel construction, including 16-24 foot ceiling heights, six loading docks, and two dock-high doors. Its location in Ottawa County, at 14130 172nd Ave, zip code 49417, provides excellent access to transportation and infrastructure. This well-maintained facility is ideally suited for manufacturing operations, offering a secure, long-term investment opportunity with significant upside potential. The robust construction and substantial remaining lease term make this a highly desirable asset for investors seeking stable, high-return industrial properties. The property's size and features make it suitable for a variety of manufacturing uses.

    Property Features for 14130 172Nd Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    111,308 SF

    Building Details

    Year Built
    2016
    Property Profile Location Intelligence

    Current Use by Public Records

    Harbor Industries Inc Manufacturer Harbor Convenience Retail Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Haven
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.212832
    Latitude
    43.0251284

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    FAQs

    What type of property is this?
    Manufacturing property - 111,000 SF Industrial Net Lease
    Where is this manufacturing property located?
    The property is located at 14130 172Nd Ave Grand Haven, MI.
    What is the asking price?
    The asking price for this property is $6,420,400.
    Request Owner's contact information
    14130 172Nd Ave Grand Haven, MI 49417
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    Grand Haven, MI 49417
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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
    14130 172Nd Ave Grand Haven, MI 49417
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