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Financial
Distress signals
Property profile

500 Bay Park Dr Holland, MI 49424

OFF-MARKET
Commercial land
Property ID
US43-2069023
5.49 ac lot
Last sale Sep 2023 · $300,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is a fully improved, building-ready commercial development site located within Bay Lakewood Commercial Park. The parcel has more than 800 feet of frontage/exposure along the southbound US 31 ramp at Lakewood Blvd and offers utilities on-site to support commercial construction. Vehicle access is available from Baypark Dr at a signalized intersection, with additional exposure along E Lakewood Blvd. The site is positioned near the southbound US 31 ramp and is surrounded by established…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$207k
Effective rate3.13%

Value estimate

· Oct 2026
$300k
$270k – $330k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$115/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$88 – $167

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PUD
PUD Planned Unit Development Residential zone districts. When UDO uses the term "residential zone districts ," that means the LDR, CNR, M...
General categoryPLANNED_DEVELOPMENT
JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.6
Storage Facility10.9
Parking Facility10.2

Location

500 Bay Park Dr Holland, MI 49424
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120th, Holland, MI 49424 $5,000 Nov 2024 No data
Wellness Dr Vac, Holland, MI 49424 $335,000 Nov 2024 No data
13870 Westwood, Holland, MI 49424-8423 $210,000 Feb 2024 No data
9640 Adams, Holland, MI 49424 $299,000 Feb 2024 No data
Butternut, Holland, MI 49424 $210,000 Dec 2023 No data
3450 144th, Holland, MI 49424-1231 $1,000,000 Aug 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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