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Property profile & analytics
OFF-MARKET Estimated value $375,000
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
$375k
Owner & transaction history
Deg Development Co LLC · 17 yrs held
Deg Development Co LLC
since 2008
1 recorded transaction
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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