Property profile

216 Van Raalte Ave Holland, MI 49423

OFF-MARKET
Turn key restaurants
Property ID
US43-2040757
16,753 SF 2.48 ac lot Built 2006
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Total area 16,753 SF
Lot 2.48 ac (108,072 SF)
Zoning code PUD
APN 70-16-30-400-004
UPID US43-2040757

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
  • Restaurant

Location

216 Van Raalte Ave Holland, MI 49423-3154
Holland metro Census 24901 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2018
2 recorded transactions
2023
Price N/A
2018
Price N/A

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

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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