Property profile

12501 Greenly St Holland, MI 49424

FOR SALE
Commercial land
Property ID
US43-0832551
Entity Owned 4-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

20.65 acres, with approximately 15 acres of upland immediately East of US 31 on Greenly. Greenly was extended in 2023 as a result of a new Redwood apartment project. Municipal water and sewer in Greenly at the site. $100 million+ of new residential development in the immediate area opened in the last two years and more under construction. 4.5% population growth. Median area HH income of $76,087. New manufacturing plants in Holland, including LG energy. Commercial neighbors include Meijer, Target, Michael's, Dick's Sporting Goods, Best Buy and Lake Michigan Credit Union. New Harvest Health grocery store now open on corner of Greenly and US 31. Redwood residential development opened in 2024 immediately North and adjacent to this parcel. Future land use: part Commercial, part Medium Density Residential.

Property profile

Verified
Property type Commercial land
UPID US43-0832551

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12501 Greenly St Holland, MI 49424
Holland metro
Google Maps

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

since 2022
1 recorded transaction
2022
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message