241 Randall St Coopersville, MI 49404-1430
This 10,910-square-foot industrial distribution building in Coopersville, Michigan, is available for sale or lease. Situated on a 1.02-acre lot, the property boasts 8,514 square feet of industrial space and 2,396 square feet of office space. The building features four drive-in doors, one measuring 24' x 12', and three restrooms. Ceiling heights range from 10 to 18 feet. The property includes a fenced-in yard and benefits from 200 amps of single-phase power. Conveniently located with easy access to I-96, this versatile space is ideal for various uses, including contractors, landscapers, and materials companies. The building is currently 100% occupied under a NNN lease. The 2022 State Equalized Value was $116,400, with a taxable value of $103,151 and real estate taxes totaling $6,086.41 ($0.55/sf). The taxing authority is the City of Coopersville. The asking price is $745,000. This is a single-tenant property with a net rentable area of 10,910 square feet. Air rights also total 10,910 square feet. No loading docks or dock-high doors are present. Zoning information is not available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-3 · Coopersville, MICoopersville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.