Property profile

12th St Wayland, MI 49348

OFF-MARKET
Commercial real estate
Property ID
US43-3526551
28,000 SF 14.23 ac lot Built 1983
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Total area 28,000 SF
Lot 14.23 ac (619,859 SF)
APN 10-001-021-30
UPID US43-3526551

Cap rate & NOI

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

Location

12th St Wayland, MI 49348
Wayland metro Census 30600 HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.67M
Comparable Approach Comparable
$2.20M
Blend (final) Blend
$740k

Owner & transaction history

since 2017
2 recorded transactions
2017
$1.4M
2014
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $3.1M +0.4%

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
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