23 James St Holland, MI 49424-1821
Property profile & analytics
23 James St Holland, MI 49424-1821
- Warehouses
- 32,875 SF
- 7.63 lot acres
Property ID
US43-4276221
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.
Location Intelligence
Current Use by Public Records
- Lakeshore Janitorial Services LLC / General Contractor
- Tulip City Self Storage / Storage Facility
Property Details for 23 James St
- Lot size
- 7.63 lot acres
- Property size
- 32,875 SF
- Zone code
- I-1
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 70-16-17-300-067
- APU
- 701617300067
Description
This exceptional self-storage portfolio comprises two properties located in Holland, Michigan, totaling 128,315 net rentable square feet across 17 buildings. The properties, situated on 9.74 acres, boast 476 units with 12-foot ceilings. Recently completed construction added 41,600 square feet of new space, featuring insulated facilities and in-floor heat. Both properties are fully operational and actively leasing, targeting stabilization within one year. The portfolio benefits from a strong pro-forma NOI of $835,000 and a 6.25% cap rate. The asking price is $13,360,000, translating to $104.12 per square foot. Original construction dates back to 2018, with all buildings completed by the end of Q2 2024. The properties are professionally maintained and constantly monitored, ensuring optimal performance. The zoning is I-1, and the properties are offered for sale by owner. This represents a compelling investment opportunity in a thriving market. The properties are located at 23 James St., Holland, MI 49424 (Ottawa County) and 1991 Lincoln Rd., Holland, MI 49423 (Allegan County). APN numbers are 70-16-17-300-059 and 70-16-17-300-067. The lease type is modified, and the tenancy is multi.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,956,000
- AI Estimate
- $1,922,000
Market price range: $709k - $4.16MMarket price range: $709k - $4.16M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,730,000 Current use
- INDUSTRIAL (GENERAL)
- $3,205,000 Change: +17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,815,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Holland
- County
- Ottawa
- State
- Michigan
- Longitude
- -86.1088
- Latitude
- 42.8132
- 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
$38,687
$0.00
$0.00
$806,000
-
$0.00
$0.00
$1,612,000
