Industrial Space for
For Sale
$1,154,250
3729 Linden Ave SE, Grand Rapids, MI 49507
Industrial property suitable for owner/user or generating income.
Property Size8,550 SF
Price / SF$135
Days on Market259
Property Features for 3729 Linden Ave SE
General Information
Standard status
Active
Size
8,550 SF
Property subtype
Industrial
Zoning
LD
Building Details
Year Built
1961
Listing Agency:
Signature Associates
Listed By:
Joe Rizqallah
(616) 235-6007
Source:
Carwm.resimplifi
Added: Jan 20
Changed: Sep 27
Last Checked: Oct 5 at 3:15PM
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 Signature Associates
Investment Insights
Based on property information with market context.
This industrial property offers an opportunity for an owner/user to occupy the real estate or generate income. The property features 8,550 square feet of industrial space. The roofs are less than 8 years old. Three-phase service is located just outside the property.
Key Highlights
- Opportunity to own over 8,000 SF of industrial space for less than a lease payment.
- Excellent owner/user opportunity for real estate ownership or income generation.
- Roofs are less than 8 years old.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,165
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,783,300
$1.8M
Cap Rate 7%
$1,273,786
$1.3M
Cap Rate 9%
$990,722
$990.7K
Market Conditions
NOI Build-Up for 8,550 SF
Gross rent
$133.4K $15.60/SF
− Vacancy
−$6.0K −$0.70/SF
EGI
$127.4K $14.90/SF
− OpEx
−$38.2K −$4.47/SF
NOI
$89.2K $10.43/SF
Area
Grand Rapids, MI
Vacancy
4.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,783,300
Cap Rate 7%
$1,273,786
Cap Rate 9%
$990,722
Alternative Uses
Best Use
Industrial
$1.27M
$1.11M – $1.49M
NOI $89,165 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.98M
$1.74M – $2.31M
NOI $138,895 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 49507, MI
38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property suitable for owner/user or generating income.
Where is this industrial property located?
The property is located at 3729 Linden Ave SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $1,154,250.
What are key features of this property?
This property features: Opportunity to own over 8,000 SF of industrial space for less than a lease payment.; Excellent owner/user opportunity for real estate ownership or income generation.; Roofs are less than 8 years old.
