Property profile

135 N State St Zeeland, MI 49464

FOR LEASE
Office buildings
Saved · see the list in your Dashboard
Property ID
US43-2085460
17,379 SF 0.87 ac Built 1972
Last sale Jan 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property consists of a 1,108-square-foot office suite (Suite 3) located at 135 N State Street in downtown Zeeland, on State Street just north of Washington Avenue. The building was constructed in 1972 and the suite is zoned C-3, providing for office or retail use. The space is positioned along State Street within a heavily trafficked downtown corridor, which contributes to prominent street visibility.

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?
$13k
Tax billed · 2022
Assessed value · 2023$626k
Effective rate2.04%

Value estimate

· Nov 2026
$445k
$401k – $490k
Submarket $/SF estimate$1.63M
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$720
Operating expenses−$5k
NOI · 82,157.14% cap applied$12k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
82,157.14%
$12k 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-3
He stated C-3, Highway Commercial zoning supports visibility to highest traffic frontage and the ordinance supports keeping accessory use...
General categoryCOMMERCIAL
JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.9
Spa & Massage15.2
Law Firm13.3

Location

135 N State St Zeeland, MI 49464
County assessor Recorded deeds · 3 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30 Inovation, Zeeland, MI 49464-1255 $152,000 Jun 2024 3,090 SF
300 State St, Zeeland, MI 49464-1677 $300,000 Apr 2024 2,033 SF
201 Main, Zeeland, MI 49464-1615 $350,000 Apr 2024 4,644 SF
10961 Chicago, Zeeland, MI 49464-8127 $500,000 Apr 2023 4,664 SF
243 Main, Zeeland, MI 49464-1737 $200,000 Dec 2020 2,190 SF
1301 96th, Zeeland, MI 49464-2034 $145,000 Jan 2019 2,640 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved