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    3147 Fruit Ridge Ave NW Grand Rapids, MI 49544

    For Sale
    $2,910,000

    Industrial property featuring a rail spur and highway access.

    Property size:
    69,937 SF
    Lot size:
    11.58 Acres

    Property Features for 3147 Fruit Ridge Ave NW

    General Information

    Size
    69,937 SF
    Lot size
    11.58 Acres

    Source: Greenridge Realty (Kentwood) Agent Timothy J. Slot

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Property with Rail Spur

    This industrial property is situated on 11.52 acres and includes seven structures. The main manufacturing building encompasses 32,000 square feet and is currently utilized for the manufacturing of wood products. A notable feature of the property is its rail spur. The location provides convenient highway access, situated just off I-96 at the Fruitridge exit. The property is currently leased until October 2029.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Standard Building Systems ... Truss Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.766153
    Latitude
    43.023302

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    FAQs

    What type of property is this?
    Manufacturing property - Industrial property featuring a rail spur and highway access.
    Where is this manufacturing property located?
    The property is located at 3147 Fruit Ridge Ave NW Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $2,910,000.
    What are key features of this property?
    This property features: - Leased property until 10/2029 providing immediate income stream; - **32,000 sq ft main manufacturing building** suitable for wood product manufacturing; - 11.52 acre industrial property
    (616) 485-2900
    Request Owner's contact information
    3147 Fruit Ridge Ave NW Grand Rapids, MI 49544
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3147 Fruit Ridge Ave NW Grand Rapids, MI 49544
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