12501 Greenly St Holland, MI 49424
- Commercial real estate
- 20.65 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 12501 Greenly St
- Lot size
- 20.65 lot acres
- Property type
- Commercial real estate
Description
This exceptional 20.65-acre parcel presents a compelling investment opportunity in Holland Charter Township, Michigan. Strategically located on Greenly Street, immediately east of the high-traffic US 31 corridor, this property boasts significant development potential. The land includes approximately 15 acres of upland, readily accessible to municipal water and sewer services already in place on Greenly Street. Greenly Street itself was extended in 2023 to accommodate the recent Redwood apartment complex, a testament to the area's rapid growth. This location benefits from over $100 million in new residential development within the immediate vicinity, completed within the last two years, with additional projects currently underway. The area showcases a robust 4.5% population growth rate and a high median household income of $76,087. The property's prime location is further enhanced by its proximity to major retailers such as Meijer, Target, Michael's, Dick's Sporting Goods, Best Buy, and Lake Michigan Credit Union. A new Harvest Health grocery store recently opened at the corner of Greenly and US 31, adding to the area's convenience and appeal. The Redwood residential development, opened in 2024, is directly adjacent to the north. The property is zoned AG, with future land use planned for a mix of commercial and medium-density residential development. Owned by Carini Farms, this property is offered at $1,725,000. The presence of new manufacturing plants in Holland, including LG Energy, further solidifies the area's economic strength and long-term growth prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holland
- County
- Ottawa
- State
- Michigan
- Longitude
- -86.0931541
- Latitude
- 42.8342559