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    5163 Northland Dr Grand Rapids, MI 49525

    Sponsored
    For Lease
    $14 SF/Yr ($4,485 /Mo)

    High-visibility storefront, ample parking.

    Lot size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 3,600 square foot retail property, located at 5163 Northland Drive NE in Grand Rapids, Michigan (49525), offers a prime storefront opportunity. Currently, 2,400 square feet are vacant, divisible into spaces ranging from 1,200 to 2,400 contiguous square feet. The property is zoned Commercial (APN: 41-10-26-126-021) and boasts excellent visibility at the intersection of Northland Drive and Plainfield. On-site parking is available for customers and tenants. The building features pylon and building signage, enhancing visibility and brand recognition. This is an ideal location for a variety of retail businesses seeking high traffic exposure in a thriving Kent County market. The single suite building offers a flexible layout adaptable to various retail concepts. Interested parties should note the minimum divisible space is 1,200 square feet, with a maximum contiguous space of 2,400 square feet available.

    Property Features for 5163 Northland Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,600 SF
    Total Rate
    4485

    Unit(s) available at that property

    Space
    5163
    Size
    2,400 SF
    Rate per SF
    $14
    Property Profile Location Intelligence

    Current Use by Public Records

    Evolve Fitness Studio Fitness Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.5810998
    Latitude
    43.0563338

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility storefront, ample parking.
    Where is this individual retail property located?
    The property is located at 5163 Northland Dr Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    Request Owner's contact information
    5163 Northland Dr Grand Rapids, MI 49525
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    Grand Rapids, MI 49525
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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
    5163 Northland Dr Grand Rapids, MI 49525
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