124 Veterans DrHolland, MI 49423

Property Details for 124 Veterans Dr

Lot size

0.02 AC

Property size (Sq ft)

850 SF

Property type

Industrial properties

Property subtype

Loft space

APN

53-02-05-462-709

APU

530205462709

Description

This exceptional commercial property in Holland, Michigan, presents a unique investment opportunity. Located at 124 Veterans Drive, this 0.76-acre lot features a brand-new commercial storage unit, ideal for various retail or storage uses. The unit boasts generous dimensions: 17 feet wide by 50 feet deep, with a 16-foot interior height. Access is convenient via a 12' x 14' overhead door and a separate service door. Utilities are independently metered, including a natural gas heater and 100-amp electric service. The property benefits from a well-maintained exterior, with snow plowing, landscaping, and trash removal services included in the monthly association dues of $60. The property is situated in a high-traffic area of Holland, MI, zip code 49423, offering excellent visibility and accessibility. This turnkey solution requires no additional build-out, making it an attractive option for immediate occupancy and revenue generation. The asking price is $99,900. This is a rare opportunity to acquire a well-maintained, ready-to-use commercial property in a desirable location. Don't miss out on this chance to own a piece of Holland's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $560,420

  6.5%

  $517,311

  7%

  $480,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $504,418

  Geo Method

  $504,418

• Alternative Use

  Use

  Valuation

  Residential

  $517,311

  Hospitality

  $473,854

  Educational

  $394,241

  Medical

  $407,799

  Retail

  $613,263

Location Insight

City

Holland

County

Allegan

State

Michigan

CBSA code

26090

CBSA name

HOLLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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