Property profile

180 40th St Holland, MI 49423

OFF-MARKET
Auto shops
Property ID
US43-1912977
12,000 SF 1.38 ac lot Built 1966
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1966
Total area 12,000 SF
Lot 1.38 ac (60,113 SF)
Zoning code PUD
APN 53-02-05-400-009
UPID US43-1912977

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership
  • Barber Shop
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Car Wash

Location

180 40th St Holland, MI 49423-5208
Holland metro Census 32200 HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$783k
Blend (final) Blend
$750k

Owner & transaction history

since 2020
Last sale
$640,000
3 recorded transactions
2025
Price N/A
2020
$640,000
2007
$417,000

Zoning & alternative use

PUD · Holland, MI
Zoning description

PUD Planned Unit Development Residential zone districts. When UDO uses the term "residential zone districts ," that means the LDR, CNR, MDR, TNR, HDR, and MHR Zone Districts collectively. The maps in Sections 39-2.05 thr…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Industrial (general) $1.2M +13.9%
Office building $1.2M +13.6%

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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