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    3238 N Evergreen Dr NE Grand Rapids, MI 49525

    For Sale
    $785,250

    Waterfront land parcel available for new construction, utilities in place.

    Lot size:
    3.49 Acres

    Property Features for 3238 N Evergreen Dr NE

    General Information

    Lot size
    3.49 Acres

    Source: Fusion Properties Agent Walter Bulkowski

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

    Overview

    Waterfront Land Parcel For Sale

    This is a direct waterfront land parcel on Evergreen Lake, situated approximately 1/4 mile north of the intersection of 3 Mile Road and the East Beltline. The property, identified as unit #2, is fully improved and ready for new construction. Fiber optic infrastructure is already in place. The site has been recently cleared of trees, making it suitable for a new waterfront office building. Adjacent parcels are also available, offering a total of 7.92 acres, all with direct water frontage.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.5883166
    Latitude
    43.0187774

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    FAQs

    What type of property is this?
    Land - Waterfront land parcel available for new construction, utilities in place.
    Where is this land located?
    The property is located at 3238 N Evergreen Dr NE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $785,250.
    What are key features of this property?
    This property features: - Direct waterfront property on Evergreen Lake; - Price significantly lower than recent comparable sales ($225,000/acre vs $266,000/acre); - Fully improved parcel ready for building
    (616) 581-5334
    Request Owner's contact information
    3238 N Evergreen Dr NE Grand Rapids, MI 49525
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    Grand Rapids, MI 49525
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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
    3238 N Evergreen Dr NE Grand Rapids, MI 49525
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