Flex Building With Grade-Level
For Sale
Contact for pricing
2585 28th St SW, Wyoming, MI 49519
The building combines workshop, office, and showroom areas with direct grade-level access.
Property Size4,756 SF
Price / SF$0.00
Days on Market92
Property Features for 2585 28th St SW
General Information
Standard status
Active
Size
4,756 SF
Property subtype
Retail
Zoning
B-2
Lease Type
NNN
Site & Location
Pylon Signage
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Office Build-Out
1,312 SF
Drive-In Doors
4
Amenities
4 grade level doors
fenced in rear yard
Building Details
Year Built
1959
Buildings
1
Building Size
4,756 SF
Listing Agency:
Bradley Company
Listed By:
Jordan Wenzel · License #6501452030APP23
(616) 206-7658
Source:
Carwm.resimplifi
Added: Jul 30
Changed: Oct 25
Last Checked: Oct 28 at 4:54AM
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 Bradley Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,756-square-foot flex building is configured for a combination of workshop, office, and showroom functions. The workshop area totals 3,444 square feet, while the office and showroom component adds 1,312 square feet. Four grade-level doors support convenient movement between the building and the exterior. A fenced rear yard and large pylon sign are also part of the property.
Built in 1959, the property is located at 2585 28th Street Southwest in Wyoming, Michigan. Its commercial configuration accommodates both operational and customer-facing space within one building, with the workshop and office/showroom areas clearly differentiated.
Built in 1959, the property is located at 2585 28th Street Southwest in Wyoming, Michigan. Its commercial configuration accommodates both operational and customer-facing space within one building, with the workshop and office/showroom areas clearly differentiated.
Key Highlights
- 4,756‑square‑foot flex building
- 3,444 square feet of workshop area
- 1,312 square feet of office/showroom space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,400
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,000
$348.0K
Cap Rate 7%
$248,571
$248.6K
Cap Rate 9%
$193,333
$193.3K
Market Conditions
NOI Build-Up for 4,756 SF
Gross rent
$27.4K $5.76/SF
− Vacancy
−$625 −$0.13/SF
EGI
$26.8K $5.63/SF
− OpEx
−$9.4K −$1.97/SF
NOI
$17.4K $3.66/SF
Area
Kent County, MI
Vacancy
2.28%
Lease Rate
$5.76 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,000
Cap Rate 7%
$248,571
Cap Rate 9%
$193,333
Alternative Uses
Best Use
Retail
$705.3K
$617.2K – $822.9K
NOI $49,372 @ 7.0% cap · market cap 326,103.04%
Second Best
Industrial
$317.7K
$278.0K – $370.7K
NOI $22,241 @ 7.0% cap · market cap 146,902.25%
Theoretical Best
Office A
$850.6K
$744.3K – $992.4K
NOI $59,545 @ 7.0% cap · market cap 393,295.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49519, MI
28,025
Population
11,693
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
90%
High-School Grad
8.0 sq mi
ZIP Area
3,503
Density / Sq Mi
$75,373
Median Household Income
$39,240
Median Earnings
$1,176
Median Rent
$220,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The building combines workshop, office, and showroom areas with direct grade-level access.
Where is this flex space located?
The property is located at 2585 28th St SW Wyoming, MI.
What are key features of this property?
This property features: 4,756‑square‑foot flex building; 3,444 square feet of workshop area; 1,312 square feet of office/showroom space
