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Property profile & analytics

510 E 16Th St Holland, MI 49423

  • Flex space
  • 98,783 SF
  • 7.00 lot acres
For Sale
Last Sale
Sep 23, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-5283862
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

  • Holland Transplanter Co / Exporter

Property Details for 510 E 16Th St

Year built
1948
Lot size
7.00 lot acres
Property size
98,783 SF
Zone code
I-1
Property type
Flex space
APN
70-16-33-200-012
APU
701633200012

Description

This exceptional industrial property, located at 510 E 16th Street in Holland, Michigan, offers a unique owner-occupant opportunity. The property encompasses approximately 99,132 square feet on a 7.3-acre lot, strategically positioned just west of US-31, adjacent to Menards, and with convenient access to I-196. The building is zoned I-1 and features three units. A significant portion of the building, approximately 50,000 square feet (Section A), will be vacant by early summer 2024, presenting an ideal chance for a business to establish its presence in this high-demand area. Section A is a concrete block and brick structure with a wood deck, boasting 14-foot ceilings, two loading docks, and newly installed LED lighting throughout the entire building. This section also includes approximately 2,000 square feet of office space and features a robust power distribution system (440 power). The entire building has recently undergone a complete roof replacement and insulation upgrade. Separate gas and electric metering is in place for efficient utility management. While a rail spur is present on the property, it is currently not activated. The remaining sections of the building are currently leased. This property represents a rare combination of size, location, and immediate availability, making it an attractive investment for businesses seeking a substantial industrial space in a thriving commercial area.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Holland
County
Ottawa
State
Michigan
Longitude
-86.0843
Latitude
42.7812
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
$26,816
$0.00
$0.00
$783,500
-
$0.00
$0.00
$1,567,000
More about this property
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