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    Property profile & analytics

    172 Riv Ave Holland, MI 49424-2153

    • Drive through restaurants
    • 2,316 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 08, 2025
    Location Intelligence
    Property ID
    US43-2215573
    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.

    Current Use by Public Records

    • Little Caesars Pizza / Pizza Delivery / Pizza Takeout

    Property Details for 172 Riv Ave

    Year built
    1968
    Lot size
    0.59 lot acres
    Property size
    2,316 SF
    Zone code
    C-2
    Property type
    Drive through restaurants
    APN
    70-16-20-325-011
    APU
    701620325011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Holland
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.1139
    Latitude
    42.8027
    CBSA code
    24340
    CBSA name
    GRAND RAPIDS-WYOMING, MI METROPOLITAN 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
    2022
    $9,761
    $0.00
    $0.00
    $246,700
    -
    $0.00
    $0.00
    $493,400

    Comparable in this City

    • Value Estimation by Request
      2,195 SF

      235 Riv Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,195 SF
      235 Riv Ave, Holland, MI 49424-2194
      View Details
    • Value Estimation by Request
      3,185 SF

      12308 James St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,185 SF
      12308 James St, Holland, MI 49424-8613
      View Details
    • Value Estimation by Request
      2,195 SF

      235 Riv Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,195 SF
      235 Riv Ave, Holland, MI 49424-2194
      View Details
    • Value Estimation by Request
      3,066 SF

      3176 Shr Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,066 SF
      3176 Shr Dr, Holland, MI 49424-7509
      View Details
    • Value Estimation by Request
      2,398 SF

      294 Riv Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,398 SF
      294 Riv Ave, Holland, MI 49424-2146
      View Details
    • Value Estimation by Request
      3,639 SF

      12645 Riley St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,639 SF
      12645 Riley St, Holland, MI 49424-9202
      View Details

    Similar Nearby for Sale

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      Holland Restaurant Opportunity on US-31

      Restaurant opportunity on US-31 in Holland's northside business district.
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      Holland Storefront Investment Opportunity

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      Retail Property in Holland, MI

      Retail property for sale in Holland, Michigan, 1440 square feet.
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    • $400,248
      80,280 SF

      Holland, MI Retail Investment Opportunity

      Two-tenant retail asset near US Highway 31 in Holland, MI.
      12386 Felch St, Holland, MI 49424
      View Details
    • $3,038,000
      3,378 SF

      NNN Retail Property For Sale

      Long-term NNN lease with zero landlord responsibilities.
      3176 W Shore Dr, Holland, MI 49424
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      Retail Property in Holland, MI

      Retail property available for sale in Holland, Michigan.
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    Similar Nearby for Lease

    • $22 SF/Yr
      3,550 SF

      New Retail Space with Drive-Through

      New retail space with drive-through, part of mixed-use development.
      275 E Lakewood Blvd, Holland, MI 49424
      View Details
    • $19 SF/Yr
      6,334 SF

      Retail Space in Holland Corridor

      6,334 SF retail space in Holland's thriving retail corridor.
      12383 James St, Holland, MI 49424
      View Details
    • $25 SF/Yr
      2,334 SF

      Turnkey Restaurant Opportunity in Holland

      Former Zoup! location in high-traffic area near US-31.
      3435 W Shore Dr, Holland, MI 49424
      View Details
    • $15 SF/Yr
      Pending

      Retail Space in Riley Plaza

      Retail space for lease in high-traffic Holland, Michigan corridor.
      12719 Riley St Unit, Holland, MI 49424
      View Details
    • $3,200 /Mo
      3,240 SF

      Holland Retail/Warehouse Space For Rent

      Retail/warehouse space with high visibility and traffic count.
      238 120Th Ave, Holland, MI 49424
      View Details
    • $12 SF/Yr
      1,200 SF

      Office/Retail Space in Commercial Center

      Office or retail space with high visibility and ample parking.
      12960 James St, Holland, MI 49424
      View Details
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    172 Riv Ave
    Holland, MI 49424-2153
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    Realmo Value Estimation

    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.

    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.

    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
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