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Financial
Distress signals
Property profile

127 N River Ave 1 Holland, MI 49424

FOR SALE
Office buildings
Property ID
US43-2025086
2,128 SF 0.25 ac lot Built 1940
Last sale Jul 2005 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A single-level storefront building constructed in 1940, offering approximately 2,000 square feet that can be configured as two separate units or combined into one space. The building has two sides served by separate gas and electric meters, supporting a multi-suite arrangement. The property is located at 127 N River Avenue in Holland Charter Township, near the bridge crossing from downtown Holland, with a public-use park under installation immediately adjacent to the property.

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?
$5k
Tax billed · 2022
Assessed value · 2023$135k
Effective rate3.39%

Value estimate

· Oct 2026
$350k
$315k – $385k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 173,016.67% cap applied$21k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
173,016.67%
$21k 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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store17.3
Storage Facility13.0
Electrical Service12.3

Location

127 N River Ave, Unit 1 Holland, MI 49424
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales 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
948 Butternut, Holland, MI 49424-1514 $26,500 Oct 2024 1,579 SF
7117 136th, Holland, MI 49424-9419 $6,900,000 Mar 2024 1,600 SF
393 Gdn, Holland, MI 49424-9602 $295,000 Apr 2023 1,867 SF
1111 Ottawa Bch, Holland, MI 49424-2567 $137,500 Oct 2022 1,603 SF
324 120th Ave, Holland, MI 49424-3312 $307,800 Mar 2021 2,455 SF
260 Riv, Holland, MI 49424-2105 $175,000 Feb 2019 1,600 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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