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1102 Robbins Rd Grand Haven, MI 49417-2740

OFF-MARKET Banks Google Maps
2,985 SF 1.25 ac lot Built 1984
Entity Owned 17-yr Hold Free & Clear
Estimated value (blended)
$375k
Range $338k – $413k (±10%)
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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • 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
$375k

Owner & transaction history

since 2008
1 recorded transaction
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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