Property profile

6755 Butternut Dr West Olive, MI 49460

OFF-MARKET
Commercial real estate
Property ID
US43-2349122
5,170 SF 6.09 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Total area 5,170 SF
Lot 6.09 ac (265,237 SF)
APN 70-11-22-300-080
UPID US43-2349122

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

6755 Butternut Dr West Olive, MI 49460-9578
West Olive metro Census 22002 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$551k
Blend (final) Blend
$310k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $765,000 +11.8%
Office building $705,000 +3.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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