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Property profile & analytics
FOR SALE
Banks
300 Washington Ave, Grand Haven, MI 49417
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-0007330
For Sale
1 / 18
$969,900
300 Washington Ave, Grand Haven, MI 49417
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Total area
17,755 SF
Lot
0.89 ac (38,725 SF)
APN
70-03-20-437-011
UPID
US43-0007330
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Chase Mortgage Loan Service Bank
-
Burda Law Office Plc Law Firm
-
Scheuerle & Zitta LLP Law Firm
-
Nadeau Appraisal Services Real Estate Agency
-
Sunset Transportation Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Gabrielse Investments LLC · 2 yrs held
Gabrielse Investments LLC
since 2024
Last sale
$597,999
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Haven submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $598k (Apr 29 2024)
Last sale anchor
$598k
Apr 29 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$34 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$33,758
Tax year 2022
Assessed value
$883,000
Assessed 2023
Previous assessed
$883,000
+0.0% YoY
Effective rate
3.82%
On assessed value
Total market value
$1,766,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
For Sale
Heating
FORCED AIR
Buildings
2
Stories
2
Total area
17,755 SF
Lot
0.89 ac (38,725 SF)
APN
70-03-20-437-011
UPID
US43-0007330
Jurisdiction
OTTAWA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
FORCED AIR
Stories
2
Buildings
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Gabrielse Investments LLC
Entity
Mailing address
12099 FRST BCH TRL, GRAND HAVEN, MI 49417-9725
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2024
—
Gabrielse Investments LLC
Jeffrey C Young
Quit Claim Deed
related
—
Apr 29, 2024
$597,999
James Dirk Stone II
300 Washington LLC
Warranty Deed
$415,790 · The Huntington National Bank
Apr 15, 2024
$569,329
Darcy Rae Draft
300 Washington LLC
Warranty Deed
$375,000 · The Huntington National Bank
Apr 5, 2024
$471,745
Jeffrey C Young
300 Washington LLC
Warranty Deed
$320,000 · Lake Michigan Cu
Mar 26, 2024
$568,824
Dave Calvin Davis
300 Washington LLC
Warranty Deed
$398,176 · Lake Michigan Cu
Mar 19, 2024
$324,093
Irene Cochran
300 Washington LLC
Warranty Deed
—
Feb 26, 2024
$404,748
Joseph Michels
300 Washington LLC
Warranty Deed
—
Feb 26, 2024
$605,000
Dan L Robinson
300 Washington LLC
Warranty Deed
$421,400 · Lake Michigan Cu
Dec 26, 2023
$550,753
Patrick Wittkopp
300 Washington LLC
Warranty Deed
$260,000 · Choiceone Bank
Dec 9, 2021
—
Franklin Flats LLC
300 Washington LLC
Warranty Deed
—
Jun 7, 2018
—
300 Washington LLC
James Goldman
Quit Claim Deed
$1,435,572 · Communkity Shore Bank
Dec 27, 2007
—
300 Washington LLC
Jpmorgan Chase Bank NA
Other
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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