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    3421 Walker Ave Grand Rapids, MI 49544

    For Sale
    $1,049,000

    9 Acres, I-96 Access, Buildable Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9.04-acre commercial land parcel presents a unique investment opportunity in Grand Rapids, Michigan. Strategically located at the sole entrance to Northridge Industrial Park and just one block from Interstate I-96, this property offers unparalleled accessibility and visibility. The flat build site is zoned for commercial use, providing flexibility for a variety of development projects. While the total acreage is 9.04 acres, approximately 6 acres are usable, with an estimated 3-4 acres suitable for building. The asking price is $1,049,000, translating to a land value of $2.66 per square foot. This prime location is ideal for a convenience store, gas station, travel center, industrial building, or other commercial ventures. The property's address is 3421 & 3425 Walker Ave NW, Grand Rapids, MI 49544, within Kent County. This is a rare chance to acquire a sizable, readily developable lot in a high-traffic area with excellent infrastructure access. Don't miss this opportunity to capitalize on the growth potential of this desirable location.

    Property Features for 3421 Walker Ave

    General Information

    Property type
    Land
    Lot Size
    393,782 SF

    HighLights

    • $1,049,000 asking price for 9.04 acres of commercially zoned land.
    • Located one block from I‑96 and at the entrance to Northridge Industrial Park.
    • Flat, buildable site with approximately 3‑4 usable acres.
    • Land value: $2.66/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Gym & Fitness Clothing Store Hotel & Motel Department Store 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
    -85.729799
    Latitude
    43.025293

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    FAQs

    What type of property is this?
    Land - 9 Acres, I-96 Access, Buildable Land
    Where is this land located?
    The property is located at 3421 Walker Ave Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $1,049,000.
    What are key features of this property?
    This property features: $1,049,000 asking price for 9.04 acres of commercially zoned land.; Located one block from I-96 and at the entrance to Northridge Industrial Park.; Flat, buildable site with approximately 3-4 usable acres.
    (616) 254-0035
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    3421 Walker Ave Grand Rapids, MI 49544
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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
    3421 Walker Ave Grand Rapids, MI 49544
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