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    3022 28Th St Grandville, MI 49418

    Sponsored
    For Lease
    $13 SF/Yr

    Grandville, MI: Prime Retail & Office

    Lot size:
    29,565 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This single-story, 29,565 square foot building, constructed in 1985, offers multiple tenancy options in the Grandville submarket of Grand Rapids. The property sits on 3.38 acres and features a 13-foot ceiling height, ideal for a variety of uses including traditional, creative, or medical office spaces. Two retail spaces are currently available, ranging from 1,663 to 3,991 square feet. The building boasts ample parking with 135+ spaces, ensuring convenient access for employees and customers. Located on 28th St SW, this property benefits from high visibility and significant daily traffic, estimated at approximately 25,000 vehicles. The diverse tenant mix within the shopping center creates a thriving commercial environment. This location provides exceptional opportunities for businesses seeking high exposure and a strong customer base. The property's convenient access and ample parking further enhance its appeal. This is a rare opportunity to establish or expand your business in a vibrant and successful commercial hub.

    Property Features for 3022 28Th St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,565 SF
    Total Rate
    32028.75

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1663sf Space
    Size
    1,663 SF
    Rate per SF
    $13
    Space
    3991sf space
    Size
    3,991 SF
    Rate per SF
    $13

    HighLights

    • 29,565 SF retail and office building on 3.38 acres in Grandville, MI.
    • Single‑story building constructed in 1985 with 13' ceilings.
    • Multiple tenancies available, with two spaces ranging from 1,663 SF to 3,991 SF.
    • 135+ parking spaces.
    • Located in a high‑traffic area with strong visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grandville
    County
    Kent
    State
    Michigan
    Longitude
    -85.738792
    Latitude
    42.9127823

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    FAQs

    What type of property is this?
    Medical office - Grandville, MI: Prime Retail & Office
    Where is this medical office located?
    The property is located at 3022 28Th St Grandville, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 29,565 SF retail and office building on 3.38 acres in Grandville, MI.; Single-story building constructed in 1985 with 13' ceilings.; Multiple tenancies available, with two spaces ranging from 1,663 SF to 3,991 SF.
    Request Owner's contact information
    3022 28Th St Grandville, MI 49418
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    Grandville, MI 49418
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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
    3022 28Th St Grandville, MI 49418
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