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Financial
Distress signals
Property profile

12160 Olive Rd Grand Haven, MI 49417

OFF-MARKET
Grocery and convenience stores
Property ID
US43-2138907
3,483 SF 1.15 ac lot Built 1997
Last sale Sep 2016
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a former Admiral Petroleum Station constructed in 1992, comprising approximately 3,437 rentable square feet of building space on an estimated 1.15-acre site. It is configured as a single commercial site previously operated as a petroleum station and is designed to be operated under a long-term triple-net (NNN) lease structure, reflecting a tenant responsibility for property expenses and maintenance during the lease term.

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?
$11k
Tax billed · 2022
Assessed value · 2023$264k
Effective rate4.01%

Value estimate

· Oct 2026
$390k
$351k – $429k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OVERLAY
JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility9.5
Realty agency9.4
HVAC Service9.2

Location

12160 Olive Rd Grand Haven, MI 49417-9631
County assessor Recorded deeds · 2 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
427 6th, Grand Haven, MI 49417-1019 $120,000 Feb 2025 2,445 SF
108 7th, Grand Haven, MI 49417-1507 $275,000 May 2022 1,490 SF
540 Beechtree, Grand Haven, MI 49417-2045 $1,010,000 Jun 2021 3,112 SF
1452 Pennoyer, Grand Haven, MI 49417-2029 $151,050 Dec 2020 1,502 SF
15191 168th, Grand Haven, MI 49417-8645 $250,000 Dec 2019 3,099 SF
10 Beacon, Grand Haven, MI 49417-1565 $1,128,000 Aug 2019 2,592 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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