Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    134th Hamilton, MI 49419
    Back to Search
    Property profile & analytics

    134th, Hamilton, MI 49419

    View on Map
    • Office buildings
    • 7,380 SF
    • 19.77 lot acres
    Off-Market
    Last Sale Apr 15, 2024
    $79,780
    Property ID
    US43-2637093
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 134th

    Year built
    2013
    Lot size
    19.77 lot acres
    Property type
    Office buildings
    APN
    09-003-016-00
    APU
    900301600

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 15, 2024 — Hamilton Pullets LLC Hamilton Pullets LLC Warranty Deed · related —
    Oct 22, 2009 $79,780 Hamilton Pullets LLC The Douglas A Dreyer Declaration Of Warranty Deed —
    Nov 20, 2007 $34,800 Hamilton Pullets LLC Douglas A Dreyer Declaration Of Tru Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Allegan
    State
    Michigan
    Longitude
    -85.9435
    Latitude
    42.6682
    CBSA code
    26090
    CBSA name
    HOLLAND, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,806
    $85,000
    $578,000
    $663,000
    -
    $170,000
    $1,156,000
    $1,326,000

    Comparable in this City

    • Value Estimation by Request
      5,340 SF

      4739 136th Ave

      OFFICE BUILDING
      4739 136th Ave, Hamilton, MI 49419-9722
      View Details
    • Value Estimation by Request
      2,325 SF

      4677 Washington Ave

      OFFICE BUILDING
      4677 Washington Ave, Hamilton, MI 49419-9694
      View Details
    • Value Estimation
      $750,000
      13,440 SF

      3544 38th St

      OFFICE BUILDING
      3544 38th St, Hamilton, MI 49419-9561
      View Details
    • Value Estimation
      $4,350,000
      26,760 SF

      3030 Lincoln Rd

      OFFICE BUILDING
      3030 Lincoln Rd, Hamilton, MI 49419-9527
      View Details
    • Value Estimation
      $5,340,000
      151,503 SF

      4671 Washington Ave

      OFFICE BUILDING
      4671 Washington Ave, Hamilton, MI 49419-9694
      View Details
    • Value Estimation
      $4,745,000
      131,882 SF

      3393 Lincoln Rd

      OFFICE BUILDING
      3393 Lincoln Rd, Hamilton, MI 49419-8588
      View Details

    Similar Nearby for Sale

    • $349,900
      1,954 SF

      Hamilton Office Condo For Sale

      Move-in-ready office condo with flexible space in Hamilton, Michigan.
      3598 Green Pointe Ctr, Hamilton, MI 49419
      View Details
    • $249,900
      5.00 Acres

      5-Acre Parcel in Hamilton, MI

      Desirable 5-acre parcel in Hamilton, within Zeeland Public Schools.
      5A Rustic Ln, Hamilton, MI 49419
      View Details
    • Contact for pricing
      1,664 SF

      Riverwalk Meadows Condo For Sale

      2-bedroom, 2-bathroom condo with pond view and convenient location.
      4494 Meadow Pond Way, Hamilton, MI 49419
      View Details
    • $310,000
      5.38 Acres

      Buildable Land in Hamilton School

      5.38-acre parcel in Hamilton School District with scenic views.
      57Th St, Hamilton, MI 49419
      View Details
    • $61,900
      0.26 Acres

      Residential Lot in Hamilton, MI

      Residential lot for sale with existing well and septic.
      4684 137Th Ave, Hamilton, MI 49419
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Hamilton Office Condo For Lease

      Professional office condo centrally located between Holland, Allegan, and Saugatuck.
      1-3588 Green Pointe Ctr, Hamilton, MI 49419
      View Details
    • $11 SF/Yr

      Professional Office Condo For Lease

      Office condo in Hamilton, MI, centrally located near major cities.
      3588 Green Pointe Ctr, Hamilton, MI 49419
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    134th
    Hamilton, MI 49419
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    134th, Hamilton, MI, 49419
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!