Property profile

308 Franklin Ave Grand Haven, MI 49417

OFF-MARKET
Other commercial real estate
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Property ID
US43-2412370
3,434 SF 0.21 ac Built 1908
Last sale Jun 2017
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This 5-unit multifamily property is located in downtown Grand Haven along the city’s parade route and near the waterfront, shopping, dining, and year-round community events. The building includes unit-by-unit interior updates such as fresh paint, updated light fixtures, new flooring, and updated appliances, along with additional capital improvements completed during ownership including a roof replacement approximately five years ago, a newly constructed front porch with a new roof, Anderson 800…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value · 2023$192k
Effective rate5.01%

Value estimate

· Nov 2026
$360k
$324k – $396k
Submarket $/SF estimate$608k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
County average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$78 – $226
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store9.5
Laundry Service9.3
Convenience Store9.0

Location

308 Franklin Ave Grand Haven, MI 49417-3310
County assessor Recorded deeds · 3 transfers 16 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
512 Washington, Grand Haven, MI 49417-1455 $150,000 May 2023 3,270 SF
220 Franklin, Grand Haven, MI 49417-1336 $435,000 May 2023 3,289 SF
15065 Beacon, Grand Haven, MI 49417-2688 $200,000 May 2022 2,027 SF
112 8th, Grand Haven, MI 49417-1471 $462,800 Sep 2021 2,896 SF
621 A, Grand Haven, MI 49417-1199 $690,000 Jul 2019 4,095 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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