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    OFF-MARKET
    Banks

    1102 Robbins Rd, Grand Haven, MI 49417-2740

    2,985 SF 1.25 ac lot Built 1984
    Entity Owned 17-yr Hold Free & Clear
    Property ID
    US43-2268989
    Property summary
    AI-generated overview

    This exceptional 3,249 square foot commercial property, located at 1102 Robbins Rd in Grand Haven, Michigan (49417), presents a unique investment opportunity. Previously a Comerica Bank, this single-story building sits on a 1.25-acre lot (APN: 70-03-33-201-001) and boasts a highly visible corner location at the intersection of Robbins Rd and 172nd Ave, within the D&W Fresh Market center. Currently vacant, the property offers significant redevelopment potential for a variety of uses, including but not limited to, a bank, gas station, or restaurant. The asking price is $900,000, translating to $277.01 per square foot. The building's substantial size and prime location make it an ideal candidate for a savvy investor seeking a high-return opportunity in a thriving Michigan market. The property's convenient access and visibility within a well-established commercial center ensure high traffic and exposure. This is a rare chance to acquire a versatile and strategically located commercial property in Ottawa County. The property's history as a bank suggests a solid foundation and existing infrastructure, potentially reducing redevelopment costs. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1984
    Total area 2,985 SF
    Lot 1.25 ac (54,450 SF)
    APN 70-03-33-201-001
    UPID US43-2268989
    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
    • Comerica Bank Bank Loan Service
    • Comerica Bank - ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Deg Development Co LLC · 17 yrs held
    Deg Development Co LLC
    since 2008
    1 recorded transaction
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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