Listing Agency: Colliers - Grand Rapids, Michigan

Listed By: Jon Potvin · License #MI 6502418651

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 2:14AM

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Investment Insights

Based on property information with market context.

This industrial land site is identified as ready for construction and is located within the Grand Rapids Commerce Center. The parcel sits off 40th Street, east of Eastern Avenue, providing a defined position within the surrounding commercial development. The property is offered as an industrial land opportunity for a future project.

Key Highlights

• Construction‑ready industrial land site
• Located within Grand Rapids Commerce Center
• Positioned off 40th Street, east of Eastern Avenue

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

491

Businesses Nearby

Explore this area Business Placement

Demographics for 49508, MI

41,851

Population

16,583

Households

2.5

Avg Household Size

36

Median Age

33%

College-Educated

88%

High-School Grad

11.8 sq mi

ZIP Area

3,547

Density / Sq Mi

$65,328

Median Household Income

$41,115

Median Earnings

$1,179

Median Rent

$257,900

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial site within Grand Rapids Commerce Center, positioned off 40th Street east of Eastern Avenue.

Where is this industrial land located?

The property is located at 1125 40th St SE Grand Rapids, MI.

What are key features of this property?

This property features: Construction‑ready industrial land site; Located within Grand Rapids Commerce Center; Positioned off 40th Street, east of Eastern Avenue