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    OFF-MARKET
    Commercial land

    7726 Georgetown Ctr Dr, Jenison, MI 49428-7142

    0.68 ac lot
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US43-2471566
    Property summary
    AI-generated overview

    This exceptional offering presents two adjacent, vacant commercial lots totaling 1.31 acres in the highly desirable Georgetown Center Drive corridor of Jenison, Michigan. Located in Ottawa County, with APNs 70-14-15-227-008 and 70-14-15-227-009, these parcels represent a rare opportunity to acquire a significant undeveloped land holding in a thriving mixed-use area. The property is situated amongst established healthcare businesses and restaurants, ensuring high visibility and convenient access. The asking price of $750,000 encompasses both lots, providing a substantial development opportunity. However, the seller may consider selling the parcels individually at a reduced price, offering flexibility for potential buyers. This is the last large undeveloped parcel remaining on the street, making it a truly unique investment prospect. The address is 7726 and 7724 Georgetown Center Drive, Jenison, MI 49428. This prime location offers excellent potential for a variety of commercial developments, capitalizing on the area's strong economic activity and strategic positioning. Don't miss this chance to secure a prominent piece of Jenison's commercial landscape.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.68 ac (29,751 SF)
    Zoning code NS
    APN 70-14-15-227-009
    UPID US43-2471566
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Building Maintenance LLC · 8 yrs held
    Building Maintenance LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    NS · Jenison, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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