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    5980 Metro Way Kentwood, MI 49548

    Sponsored
    For Sale
    $1,600,000

    High-traffic Kentwood land, near Metro Health.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.43-acre commercial land parcel presents a unique investment opportunity in Kentwood, Michigan. Located at 5980 Metro Way SW, this property boasts a prime location in a high-traffic area, situated as an outlot of Metro Health Hospital and along the bustling Byron Center Avenue corridor. The surrounding area is characterized by a thriving retail environment, ensuring high visibility and accessibility for any commercial venture. The property's APN is 41-17-34-376-065. Its convenient proximity to the M-6 Highway Interchange provides excellent access for customers and employees. The asking price for this exceptional land is $1,600,000. A ground lease option is also available, offering added flexibility for potential buyers. This property is zoned for commercial use and presents a rare opportunity to develop a successful business in a high-demand location. The property's size and location make it ideal for a variety of commercial uses, from retail establishments to medical offices. Serious inquiries are encouraged to explore the potential of this remarkable investment. The property is situated in Kent County, Michigan, with a zip code of 49548. The coordinates are 42.8644771 latitude and -85.6588999 longitude.

    Property Features for 5980 Metro Way

    General Information

    Property type
    Land
    Lot Size
    62,291 SF

    HighLights

    • Ground Lease Opportunity Available
    • Excellent Highway Access via M‑6 Interchange
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kentwood
    County
    Kent
    State
    Michigan
    Longitude
    -85.6588999
    Latitude
    42.8644771

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    FAQs

    What type of property is this?
    Land - High-traffic Kentwood land, near Metro Health.
    Where is this land located?
    The property is located at 5980 Metro Way Kentwood, MI.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Ground Lease Opportunity Available; Excellent Highway Access via M-6 Interchange;
    Request Owner's contact information
    5980 Metro Way Kentwood, MI 49548
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    Kentwood, MI 49548
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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
    5980 Metro Way Kentwood, MI 49548
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