Industrial Building on Large
For Sale
Contact for pricing
Pending
1545 Clyde Park Ave SW, Wyoming, MI 49509
Industrial building totaling about 27 acres with space currently about 50% leased and generating annual income.
Property Size485,000 SF
Lot Size27.00 Acres
Days on Market121
Property Features for 1545 Clyde Park Ave SW
General Information
Standard status
Pending
Size
485,000 SF
Lot size
27.00 Acres
Property subtype
Industrial
Occupancy
50%
Additional Details
Cap Rate
8.44%
Highway Access
Yes
Listing Agency:
Colliers - Grand Rapids, Michigan
Listed By:
Jon Potvin · License #MI 6502418651
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 1:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Grand Rapids, Michigan
Investment Insights
Based on property information with market context.
Industrial space totaling approximately 485,000 square feet sits on roughly 27 acres. The property is currently about 50% leased and is generating approximately $549,000 in annual income.
The site is located just a couple blocks off US-131, providing straightforward access to and from the highway. The offering is positioned within close proximity to downtown Grand Rapids.
The site is located just a couple blocks off US-131, providing straightforward access to and from the highway. The offering is positioned within close proximity to downtown Grand Rapids.
Key Highlights
- Approximately 485,000 sq. ft. industrial building on roughly 27 acres
- Currently about 50% leased, generating $549,000 in annual income
- Offering price reflects an 8.44% cap rate
Property Analytics
Current Use
Lease Details
50%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 49509, MI
28,340
Population
10,611
Households
2.7
Avg Household Size
34
Median Age
19%
College-Educated
85%
High-School Grad
7.3 sq mi
ZIP Area
3,882
Density / Sq Mi
$64,981
Median Household Income
$38,356
Median Earnings
$983
Median Rent
$183,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Industrial building totaling about 27 acres with space currently about 50% leased and generating annual income.
Where is this specialty property located?
The property is located at 1545 Clyde Park Ave SW Wyoming, MI.
What are key features of this property?
This property features: Approximately 485,000 sq. ft. industrial building on roughly 27 acres; Currently about 50% leased, generating $549,000 in annual income; Offering price reflects an 8.44% cap rate
