Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 Beacon Blvd Grand Haven, MI 49417-1153

    • Turn key restaurants
    • 1,300 SF
    • 0.44 lot acres
    OFF-MARKET
    Last Sale
    Aug 31, 2020
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-2479988
    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

    • Hungry Howie's Pizza / Pizza Restaurant / Pizza Takeout

    Property Details for 300 Beacon Blvd

    Year built
    1957
    Lot size
    0.44 lot acres
    Property size
    1,300 SF
    Property type
    Turn key restaurants
    APN
    70-03-21-327-010
    APU
    700321327010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grand Haven
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.22
    Latitude
    43.0639
    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
    $13,362
    $0.00
    $0.00
    $286,000
    -
    $0.00
    $0.00
    $572,000

    Comparable in this City

    • Value Estimation by Request
      1,074 SF

      207 7th St

      RESTAURANT • 1,074 SF
      207 7th St, Grand Haven, MI 49417-1101
      View Details
    • Value Estimation by Request
      5,894 SF

      Snug Hbr

      RESTAURANT • 5,894 SF
      Snug Hbr, Grand Haven, MI 49417
      View Details
    • Value Estimation by Request
      5,184 SF

      680 Beacon Blvd

      RESTAURANT • 5,184 SF
      680 Beacon Blvd, Grand Haven, MI 49417-1151
      View Details
    • Value Estimation by Request
      702 SF

      20 Beacon Blvd

      RESTAURANT • 702 SF
      20 Beacon Blvd, Grand Haven, MI 49417-1565
      View Details
    • Value Estimation by Request
      3,247 SF

      600 Beechtree St

      RESTAURANT • 3,247 SF
      600 Beechtree St, Grand Haven, MI 49417-2335
      View Details
    • Value Estimation by Request
      7,758 SF

      24 Washington Ave

      RESTAURANT • 7,758 SF
      24 Washington Ave, Grand Haven, MI 49417-1353
      View Details

    Similar Nearby for Sale

    • $4,575,000
      12,372 SF

      Retail Property in Grand Haven

      Retail property available for sale in Grand Haven, Michigan.
      400 N Beacon Blvd, Grand Haven, MI 49417
      View Details
    • $750,000
      7,000 SF

      Iconic Mixed-Use Building in Grand Haven

      7,000 SF commercial-retail building with residential and warehouse space.
      1437 Washington Ave, Grand Haven, MI 49417
      View Details
    • $425,000

      Grand Haven Retail Opportunity

      Prime Commercial Space for Sale or Lease
      613 Miller Dr 2, Grand Haven, MI 49417
      View Details
    • $269,900

      Grand Haven Retail Space for Sale

      Prime Commercial Lot, High Growth Area
      609 Miller Dr 3, Grand Haven, MI 49417
      View Details
    • $338,000
      1,728 SF

      Modern Flex Space For Sale

      Modern, flexible commercial spaces designed for entrepreneurs and small businesses.
      1500 Kooiman Ave, Grand Haven, MI 49417
      View Details
    • $288,000
      1,248 SF

      Modern Flex Space For Sale

      Flexible commercial spaces near Lake Michigan and downtown Grand Haven.
      1500 Kooiman Ave, Grand Haven, MI 49417
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      1,360 SF

      Retail Space with Drive-Up Window

      1,360 SF retail space with drive-up window in Grand Haven.
      13040 Unit, Grand Haven, MI 49417
      View Details
    • $14 SF/Yr
      1,360 SF

      Retail Space with Drive-Up Window

      1,360 SF retail space with drive-up window.
      13040 Us Highway 31, Grand Haven, MI 49417
      View Details
    • $14 SF/Yr

      Retail Space with Drive-Up Window

      End-cap suite with drive-up in a busy power center.
      13040 Us 31, Grand Haven, MI 49417
      View Details
    • New
      $1,350 /Mo
      1,700 SF

      Updated Retail Space with Warehouse

      Updated retail space with warehouse in growing Washington Square.
      1119 Washington Ave, Grand Haven, MI 49417
      View Details
    • $14 SF/Yr

      Retail Space with Industrial Vibe

      Retail suite with high ceilings and ample parking available.
      13040 Us-31, Grand Haven, MI 49417
      View Details
    • $14 SF/Yr
      1,360 SF

      Retail Space in Grand Haven

      Retail space with industrial vibe, high ceilings, and ample parking.
      13040 Us-31 Unit, Grand Haven, MI 49417
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Beacon Blvd
    Grand Haven, MI 49417-1153
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.