Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ransom St Holland, MI 49424
    Back to Search
    Property profile & analytics

    Ransom St Holland, MI 49424

    View on Map
    • Land
    • 28.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ransom St

    Lot size
    28.50 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 28.5-acre parcel of land presents a unique opportunity for industrial development or use in the thriving Holland, Michigan market. Located in Ottawa County at 0 Ransom Street, this property is zoned for industrial purposes and is considered shovel-ready, minimizing development delays. The asking price is $799,000, translating to an attractive price per acre of $28,035. The expansive lot size offers significant potential for large-scale industrial projects, making it ideal for businesses seeking significant space and strategic location. The property's convenient location within Holland Township provides easy access to major transportation routes, enhancing logistical efficiency. The parcel number is 70-16-04-400-028. This is a rare opportunity to acquire a substantial, ready-to-develop industrial site in a dynamic and growing area of Michigan. The property's size and zoning make it suitable for a wide range of industrial uses, from manufacturing and warehousing to distribution centers and other related businesses. Don't miss this chance to secure a prime piece of industrial real estate in Holland.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Holland
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.0838
    Latitude
    42.8486

    Comparable in this City

    • Value Estimation by Request
      7.23 Acres

      Olive Commerce Dr

      Land • 7.23 Acres
      0 Olive Commerce Dr, Holland, MI 49424
      View Details
    • Value Estimation by Request
      20.65 Acres

      12501 Greenly St

      Land • 20.65 Acres
      12501 Greenly St, Holland, MI 49424
      View Details
    • Value Estimation by Request
      5.73 Acres

      4945 128Th Ave

      Land • 5.73 Acres
      4945 128Th Ave, Holland, MI 49424
      View Details
    • Value Estimation by Request
      38.97 Acres

      3993 Shore Dr

      Land • 38.97 Acres
      3993 Shore Dr, Holland, MI 49424
      View Details
    • Value Estimation by Request
      9.20 Acres

      9001 Quincy St

      Land • 9.20 Acres
      9001 Quincy St, Holland, MI 49424
      View Details
    • Value Estimation by Request
      1.53 Acres

      Union St

      Land • 1.53 Acres
      0 Union St, Holland, MI 49424
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,000 SF

      Holland Industrial Property For Sale

      12,000 square foot industrial property in Holland, Michigan.
      503 Douglas Ave, Holland, MI 49424
      View Details
    • $180,000
      2.64 Acres

      Holland Township Land For Sale

      2.64 acre land parcel in Holland Township, Michigan.
      VL-0 120Th Ave, Holland, MI 49424
      View Details
    • $110,000
      2.25 Acres

      Land in Olive Township

      2.25 acre land parcel in Olive Township, Holland, MI.
      120Th Ave, Holland, MI 49424
      View Details
    • Contact for pricing

      Land For Sale Holland

      Land available in Holland, Michigan. Contact agent for details.
      00 Olive Commerce Dr, Holland, MI 49424
      View Details
    • $235,000
      4.88 Acres

      Wooded Land with Creek Frontage

      Private wooded property with Pine Creek frontage in Holland, MI.
      V/L Vly Vw Ave, Holland, MI 49424
      View Details
    • $475,000
      Pending

      Holland, MI Vacant Land

      4.75 acres of land available for development.
      Holland, MI 49424
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      3,000 SF

      Holland Commercial Condo with Office

      Commercial condo with office and garage space in Holland, MI.
      11322 E Lakewood Blvd, Holland, MI 49424
      View Details
    • $12 SF/Yr

      11322 E Lakewood Blvd, HollandCharterTownship_Ottawa, MI 49424

      Office Units
      11322 E Lakewood Blvd, Holland, MI 49424
      View Details
    • Contact for pricing

      Manufacturing Facility with Rail Access

      294,370 SF manufacturing space with rail and power.
      13467 Quincy St, Holland, MI 49424
      View Details
    • $6 SF/Yr
      Pending

      Holland Commercial Space Available

      9,600 SF commercial space for lease in Holland, MI.
      180 6Th Ave, Holland, MI 49424
      View Details
    • $7 SF/Yr
      Pending

      Holland Flex Space Available

      3,200 SF flex space for lease in Holland, MI.
      180 6Th Ave, Holland, MI 49424
      View Details
    • $7 SF/Yr
      24,080 SF

      Holland Manufacturing/Warehouse Space Available

      8,000 SF manufacturing/warehouse space with overhead doors for lease.
      11699 Greenway Dr, Holland, MI 49424
      View Details
    Request Owner's contact information
    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.
    Ransom St
    Holland, MI 49424
    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
    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

    Thank You for Inquiry
    Ransom St, Holland, MI, 49424
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!