Property summary
This exceptional investment opportunity presents a 62,109-square-foot manufacturing facility located at 2500 104th Avenue, Zeeland, MI 49464. The property, built in 1970, sits on an 8.79-acre lot and boasts a strong 100% occupancy rate under a single, long-term absolute NNN lease expiring July 7, 2041 (16.6 years remaining). The lease includes attractive 3.5% annual rent bumps, ensuring consistent income growth. The building features 16-foot ceilings, five dock-high doors, and two loading… docks, ideal for efficient manufacturing operations. With a current NOI of $199,598 and an asking price of $3,070,738.46, this property offers a compelling 6.50% cap rate. The property's solid construction, including concrete and steel, and its strategic location in Ottawa County, Michigan, make it a highly desirable asset for long-term investors seeking stable, high-yield returns in the industrial sector. The property's well-maintained condition and robust infrastructure further enhance its investment appeal. This is a single-unit property with a price per square foot of $49.44 and a price per unit matching the asking price. The APN is 701613300023. This is an absolute NNN long-term lease investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 83,609 SF
- Lot area
- 8.79 ac
- Stories
- 1
- APN
- 70-16-13-300-023
- Zoning
- I-2
- Assessed value · 2023
- $1,341,700
- Annual tax · 2022
- $68,582
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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