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    Eastern Ave Southeast 2041 Grand Rapids, MI 49503

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    For Lease
    $1,500 /Mo ($46 SF/Yr)

    Retail space in front of a busy retail center.

    Property size:
    387 SF
    Lot size:
    0.07 Acres

    Property Features for Eastern Ave Southeast 2041

    General Information

    Size
    387 SF
    Lot size
    0.07 Acres

    Source: Nucon Realty LLC Agent Ryan D. Kelley

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

    Overview

    Retail Space on Eastern Avenue

    This 387-square-foot retail space is located on Eastern Avenue Southeast, just south of Burton, in front of a busy retail center. The location is suitable for a variety of businesses, including a drive-thru coffee shop, bank/ATM, drive-thru food establishment, bakery, smoothie shop, pharmacy, liquor store, medical facility, or ice cream shop.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.64712
    Latitude
    42.963042

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    FAQs

    What type of property is this?
    Retail space - Retail space in front of a busy retail center.
    Where is this retail space located?
    The property is located at Eastern Ave Southeast 2041 Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $46 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Eastern Avenue near Burton.; - Suitable for drive-thru business.; - Located in front of a busy retail center.
    (616) 401-1595
    Request Owner's contact information
    Eastern Ave Southeast 2041 Grand Rapids, MI 49503
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    Grand Rapids, MI 49503
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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
    Eastern Ave Southeast 2041 Grand Rapids, MI 49503
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