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Property profile & analytics
FOR LEASE
Office buildings
601 S Beacon Blvd, Grand Haven, MI 49417
Trust Owned
4-yr Hold
Free & Clear
Property ID
US43-2480173
For Lease
1 / 13
$15 SF/Yr
601 S Beacon Blvd, Grand Haven, MI 49417
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Property summary
AI-generated overview
This exceptional 980-square-foot commercial space, located at 601 S Beacon Blvd in Grand Haven, Michigan, 49417, presents a prime retail or office opportunity. Situated on a 0.72-acre lot, this single-tenant property boasts a Class B building constructed in 1960 and extensively renovated in 2023. The one-story building offers ample parking with 30 spaces conveniently located both in front and rear of the building. The property benefits from high visibility due to its location on Beacon Boulevard, which experiences an average daily traffic count of 40,369 vehicles. The interior features new flooring and fresh paint, creating a modern and inviting atmosphere. Zoned for commercial use, this property is move-in ready and ideally suited for a variety of businesses. The property is easily accessible from Waverly Ave. & Woodlawn Ave. No elevators are present. This is a single-tenant space, perfect for a business seeking a well-maintained and highly visible location in a thriving Grand Haven commercial area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
8,187 SF
Lot
0.72 ac (31,363 SF)
APN
70-03-28-152-015
UPID
US43-2480173
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
-
Ajj's Smoke n Stuff (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Hear Michigan Centers by AudioNova Physician
-
Coin Cloud Bitcoin ATM Currency Exchange Service Kiosk
-
1st Assured Bail Bonds Law Firm
-
Eagles Nest Gaming LLC Electronics & Wireless Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$767k
Blend (final)
Blend
$765k
Owner & transaction history
The Robin T Walter Revocable Trust · 4 yrs held
The Robin T Walter Revocable Trust
since 2022
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+8.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,120,000
Current use
RETAIL STORES
$1,210,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,085,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$905,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
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
$93 / 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
$15,613
Tax year 2022
Assessed value
$334,700
Assessed 2023
Previous assessed
$287,100
+16.6% YoY
Effective rate
4.66%
On assessed value
Total market value
$669,400
Applied tax rate
58.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1970
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
8,187 SF
Lot
0.72 ac (31,363 SF)
APN
70-03-28-152-015
UPID
US43-2480173
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$905,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
The Robin T Walter Revocable Trust
Trust
Free & Clear · 4 yrs held
Mailing address
PO BOX 99, WICKENBURG, AZ 85358-0099
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2022
—
The Robin T Walter Revocable Trust
601 South Beacon Place LLC
Warranty Deed
—
Feb 21, 2007
—
601 South Beacon Place LLC
Rodney L Kilpatrick
Warranty Deed
$500,000 · West Shore Bank
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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