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    6900 Whitneyville Ave Alto, MI 49302

    Sponsored
    For Sale
    $499,000

    Prime Alto location, high visibility, $499,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.96-acre property at 6900 Whitneyville Ave SE in Alto, Michigan (APN 412311201002), offers a unique investment opportunity. Currently zoned Neighborhood Business, this versatile parcel presents significant potential for various uses, including retail, office, multi-family, apartments, or medical facilities. The asking price is $499,000, with a price per unit of $519,791. The property boasts excellent frontage on Whitneyville Avenue and sits on a hard corner at the intersection of Whitneyville Avenue and 68th Street, ensuring high visibility and accessibility. Its strategic location places it alongside established businesses such as the new Dollar General (opened in 2020) and Campau Corner, guaranteeing high traffic flow. The property's size and zoning provide ample space for development and expansion, making it an ideal choice for investors seeking a high-return opportunity in a thriving commercial area. The property's location in Kent County, Michigan, zip code 49302, offers easy access to major transportation routes and a growing community. This is a rare chance to acquire a well-situated property with significant development potential in a desirable location.

    Property Features for 6900 Whitneyville Ave

    General Information

    Property type
    Multifamily properties
    Lot Size
    41,818 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Auto Repair Shop Hotel & Motel Department Store Food Market Storage Facility HVAC Service Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alto
    County
    Kent
    State
    Michigan
    Longitude
    -85.4581589
    Latitude
    42.839621

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Multifamily property - Prime Alto location, high visibility, $499,000
    Where is this multifamily property located?
    The property is located at 6900 Whitneyville Ave Alto, MI.
    What is the asking price?
    The asking price for this property is $499,000.
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    Alto, MI 49302
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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
    6900 Whitneyville Ave Alto, MI 49302
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