Industrial Land with Storage
8251 Fruit Ridge Avenue NW, Sparta, MI 49345
For Sale
$205,000
Land, Sparta, MI
Property Size1,324 SF
Lot Size8.27 Acres
Price / SF$154.83
Days on Market144
Property Features for 8251 Fruit Ridge Avenue NW
General Information
Property type
Property subtype
Zoning description
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
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Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Listing Agency:
Greenridge Realty (EGR)
(616) 458-3655
Listed By:
Giuseppe Lupis
(616) 443-4821
Added: Jun 20
Changed: Nov 8
Last Checked: Nov 10 at 6:06PM
MLS# 26030855
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8.27-acre industrial land parcel includes two commercial storage buildings measuring 396 square feet and 928 square feet. One building has an established electrical setup, and the property is partially fenced. The existing improvements can support storage or contractor operations, while the larger parcel provides a substantial land component for future commercial development.
The property fronts Fruit Ridge Avenue NW with 1,269 feet of road frontage and is located in Sparta, within Kent County. Electricity is available. The parcel is identified in the source information as light industrial land and is master-planned for Agricultural Preservation; agricultural rezoning would be consistent with Alpine Township’s Master Plan for a single-family residential use.
The property fronts Fruit Ridge Avenue NW with 1,269 feet of road frontage and is located in Sparta, within Kent County. Electricity is available. The parcel is identified in the source information as light industrial land and is master-planned for Agricultural Preservation; agricultural rezoning would be consistent with Alpine Township’s Master Plan for a single-family residential use.
Key Highlights
- 8.27‑acre industrial land parcel
- 1,269 feet of frontage along Fruit Ridge Avenue NW
- Two commercial storage buildings: 396 SF and 928 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,518
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$150,360
$150.4K
Cap Rate 7%
$107,400
$107.4K
Cap Rate 9%
$83,533
$83.5K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$9.1K $6.88/SF
− Vacancy
−$264 −$0.20/SF
EGI
$8.8K $6.68/SF
− OpEx
−$1.3K −$1.00/SF
NOI
$7.5K $5.68/SF
Area
Kent County, MI
Vacancy
2.90%
Lease Rate
$6.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$150,360
Cap Rate 7%
$107,400
Cap Rate 9%
$83,533
Alternative Uses
Best Use
Warehouse
$107.4K
$94.0K – $125.3K
NOI $7,518 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$236.8K
$207.2K – $276.3K
NOI $16,576 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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Business Placement
Demographics for 49345, MI
13,734
Population
5,074
Households
2.7
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
263
Density / Sq Mi
$84,918
Median Household Income
$44,051
Median Earnings
$968
Median Rent
$261,400
Median Home Value
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Market
Properties on Market for Industrial land in Kent County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial land - Partially fenced commercial parcel with existing storage improvements and electricity available.
Where is this industrial land located?
The property is located at 8251 Fruit Ridge Avenue NW Sparta, MI.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 8.27‑acre industrial land parcel; 1,269 feet of frontage along Fruit Ridge Avenue NW; Two commercial storage buildings: 396 SF and 928 SF
