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    Property profile & analytics
    OFF-MARKET Estimated value $1,440,000
    Flex space

    101 Roosevelt Ave, Zeeland, MI 49464-1201

    15,436 SF 1.64 ac lot Built 1995
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US43-4188150
    Property summary
    AI-generated overview

    This exceptional 7,727-square-foot industrial property, located at 101 E Roosevelt Ave, Suite 2, Zeeland, MI 49464, presents a compelling opportunity for businesses seeking efficient and well-equipped manufacturing or warehouse space. Situated in Ottawa County, this single-tenant building offers a strategic location just east of the intersection of State Street and Roosevelt Avenue, providing convenient access to major transportation routes. The property boasts ample manufacturing space, equipped with robust electrical service—480-volt, 3-phase power with 800 amps—ensuring seamless operations. Climate control is provided by a building-wide air-loop system complete with a compressor, maintaining a comfortable and productive work environment year-round. Loading and unloading are facilitated by a shared truck dock on the west side of the building, complemented by a large 22-foot by 16-foot overhead door. The space also includes a modest amount of office space, ideal for administrative functions. This turnkey solution combines functionality, location, and power capacity to offer a highly desirable industrial space. The property is classified as Industrial, with a Subtype of Manufacturing and Warehouse.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1995
    Total area 15,436 SF
    Lot 1.64 ac (71,438 SF)
    Zoning code I-1
    APN 70-17-18-100-105
    UPID US43-4188150
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ICE Cobotics Production Facility
    • Colliers Business Service Center Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.44M
    Blend (final) Blend
    $1.44M
    Owner & transaction history
    Shine Investments LLC · 10 yrs held
    Shine Investments LLC
    since 2015
    1 recorded transaction
    2015
    Zoning & alternative use
    I-1 · Zeeland, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $2.3M +68.9%
    Office building $2.1M +55.8%
    Commercial (general) $2.0M +51.1%
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