FOR SALE 761-852 Cabill Drive Prime Commercial Parcels 48th Street LG Chem M-40 Johnson Controls Hawor th Additional Land Available 12 Acres Total Tulip City Airport I-196 SITES Colliers International 44 East 8th Street, Suite 510 Holland, Michigan 49423 616.394.4500 main 616.394.0035 fax www.focusproperties.com
761-852 Cabill Drive Holland, MI 2 F O R S A L E TABLE OF CONTENTS OFFERING SUMMARY 3-4 Property Information 3 Tax Description & Demographics 4 LOCATION MAPS 5-6 Street & Area Maps 5 Aerial Photos 6 PROPERTY PLANS 7 Zoning Map 7 MARKET INFORMATION 8 EXCLUSIVE ADVISORS: TOM POSTMA Sales Advisor Colliers International (616) 394.4500 (616) 283.2411 mobile tom.postma@colliers.com
3 PROPERTY INFORMATION Property Description: High profile land available for sale on the south side of Holland. Parcels offer great exposure to both M-40 and I-196. Land is located near Haworth Corporate Center. Excellent place for a hotel or restaurant. Utilities are in place for immediate development. OFFERING SUMMARY Address:, Holland, MI County: Allegan Acreage: 1.93-3.36 Acres (12.92 acres total) Land Square Footage: 562,795.20 Frontage: Varies Terrain: Flat Directions: I-196 to M-40 exit, North to Cabill Drive, East to property. Proximity To: US-31: 1.5 miles I-196:.25 mile I-96: 33 miles US-131: 25 miles Parcel Number: 03-02-10-307-002, -003, -004, -005, -006. Zoning: C-2 Neighboring Properties: McDonald s, Haworth Corporate Center, Tulip City Airport, Johnson Controls Assessed Value (2014): Available upon request or visit www.cityofholland.com Taxable Value (2014): Available upon request or visit www.cityofholland.com Real Estate Taxes: Available upon request or visit www.cityofholland.com Primary Taxing Authority: Holland City SALE INFORMATION Lot: 2 3 4 5 6 Acreage: 2.30 1.93 3.00 3.36 2.33 Sale Price: $158,700 $133,170 $154,900 $169,000 $57,500 Sale Price/Acre: $69,000 $69,000 $51,633 $50,298 $24,678 Sale Terms: Cash/Conventional Possession: At Close UTILITIES Water/Sewer: Gas: Electric: Telephone: City of Holland Semco Energy Holland Board of Public Works Various
4 TAX DESCRIPTION Lots 2-6, Cabill Business Park, a site condominium, City of Holland, Allegan County Michigan. DEMOGRAPHICS OFFERING SUMMARY Population City of Holland 35,048 Allegan County 105,665 Ottawa County 238,314 West Michigan 1,330,384 Median Household Income City of Holland $42,291 Allegan County $45,813 Ottawa County $52,347 West Michigan $51,524 Median Age City of Holland 29 Allegan County 35 Ottawa County 32 West Michigan 34.8 Traffic Counts I-196 19,800 cars M-40 10,400 cars
5 STREET MAP Haworth LOCATION MAPS WEST MICHIGAN MICHIGAN
6 AERIAL PHOTOS 48th Street Jo h n s o n Controls Tu l i p C i t y Air por t 6 19 I Lot 6 2.33 Ac Lot 2 Lot 3 2.30 Ac 1.93 Ac Lot 5 3.36 Ac Lot 4 3.00 Ac LO CATI O N M A PS 0-4 M H a wo r t h
7 ZONING MAP P R O P E RT Y PLANS
8 ABOUT WEST MICHIGAN West Michigan is a strategic community with an educated, highly skilled workforce. Companies such as Steelcase, Alticor, GE Aerospace, Meijer, Whirlpool, Herman Miller, Perrigo and Wolverine World Wide call West Michigan home. Known for its entrepreneurial spirit and legendary work ethic, West Michigan continues to lead the way in adapting to the new economy. State and local governments have been aggressive in creating and providing tax incentives which encourage business growth and retention. Ranked #4 in the World Knowledge Competitive Index and #9 in the nation for biopharmaceuticals, West Michigan has become a place to grow for companies looking for the right mix of skills, work ethic and quality of life. Known as one of America s safest regions, West Michigan is a great place to raise a family with many cultural amenities of a larger city yet with the feel of a hometown community. West Michigan s highly skilled work force, great quality of life, and affordable real estate, provide an unbeatable combination to grow a company. ABOUT HOLLAND BEST PLACE TO LIVE Holland has been recognized by Forbes Magazine as one of the Top Five Cities in the U.S. with the lowest crime rate. #1 - LOWEST COMMUTING TIME Of communities with over 1,000,000 population, at 21.1 minutes, West Michigan has the lowest average travel to work. OFFICE FURNITURE CAPITAL West Michigan is the office furniture capital of the world. Haworth, Inc., headquartered in Holland, is the country's third largest manufacturer of office furniture and seating products. Bold, beautiful, and inviting, Holland is a place where the best of traditions meld with innovation to create economic prosperity. Holland is a place where activity and progress percolates. Situated along the shores of Lake Michigan and Lake Macatawa, the abundance of water is one of the region s most valuable resources. The region s pleasant temperatures, long summer days, and good harbors make it a boating paradise. As a major contributor to the remarkable prosperity of the entire West Michigan economy, the Holland area continues to attract new businesses, while nurturing the retention and expansion of our existing businesses. Holland ranked #148 on Forbes 2006 special report on the 200 Best Places for Business and Careers. Progressive local government, working hand in hand with business and community leaders, have promoted well-planned growth, while fostering stewardship of the Holland s natural resources. With the generous support of residents, the area is home to excellent schools, hospitals, cultural organizations, and civic groups. Information courtesy of The Right Place, Inc. A Regional Economic Development Organization (2008) and www.hollandchamber.org (2009) MARKET I N F O R M AT I O N With its natural beauty, economic vitality, and gracious hospitality, the Holland area is one of the nation s most desirable locations to start a business, raise a family or even retire. Holland is situated only 27 miles from Grand Rapids and 146 miles from Chicago. GREEN BUILDING CAPITAL OF U.S. West Michigan has more LEED certified buildings per capita than any other region in the country.