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Financial
Distress signals
Property profile

115 Clover St Holland, MI 49423

FOR SALE
Office buildings
Property ID
US43-2101201
53,804 SF 8.34 ac lot
Last sale Aug 2026
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office suite configured for use on the entire second floor, accessible via a large open stairway and an elevator. The space includes four private offices, a conference room, and two interview rooms. Floor-to-ceiling windows provide natural light and views. The office is set within approximately 8 acres of landscaped grounds and includes private driveways and parking. The property is located along US-31 in Holland, positioned between Chicago Drive (to the south) and 8th St (to the north), and serves the greater Holland/Zeeland area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$77k
Tax billed · 2022
Assessed value · 2023$1.13M
Effective rate6.88%

Value estimate

· Oct 2026
$4.11M
$3.69M – $4.52M
Submarket $/SF estimate$5.04M
NOI build-up
Gross scheduled income$903k
Vacancy & credit loss−$125k
Operating expenses−$195k
NOI · 4,670,936.00% cap applied$584k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$94 – $211

Cap rate analysis

How does the asset earn?
4,670,936.00%
$584k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.3
Storage Facility10.0
Parking Facility9.9

Location

115 Clover St Holland, MI 49423
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
931 Interchange, Holland, MI 49423-8516 $2,008,000 Jan 2025 17,563 SF
1126 Washington, Holland, MI 49423-5233 $33,300 Sep 2024 10,657 SF
466 16th, Holland, MI 49423-3742 $1,300,000 Dec 2023 7,208 SF
348 Waverly Rd, Holland, MI 49423-8103 $860,000 Dec 2020 20,844 SF
456 16th, Holland, MI 49423-3788 $641,725 Jan 2019 7,075 SF
850 Maple, Holland, MI 49423-7123 $450,000 Nov 2018 9,134 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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