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    862 17 Mile Rd Cedar Springs, MI 49319

    Sponsored
    For Sale
    $225,000

    3.12 Acres, Buildable Lot, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 2.89-acre commercial land parcel presents a remarkable investment opportunity in the thriving Cedar Springs, Michigan market. Strategically situated at 862 17 Mile Road NE, this property enjoys convenient access to both M-37 and US-131 highways, ensuring excellent visibility and connectivity. The site is ideally positioned between Kent City and Cedar Springs, offering a strong demographic reach. Detailed site plans allow for the construction of a substantial 19,440 square foot commercial building, complete with ample parking for 27 vehicles and necessary water retention areas. The property's zoning (information not provided) will need to be verified by the buyer to ensure it aligns with their intended development plans. With its prime location, significant buildable area, and convenient highway access, this parcel represents a rare chance to establish a thriving commercial presence in a rapidly growing area. The asking price for this exceptional opportunity is $225,000. The property's APN is 41-02-32-101-002. This is a turnkey opportunity for developers seeking a high-impact location. Further due diligence is recommended to confirm all aspects of the property's suitability for your specific project.

    Property Features for 862 17 Mile Rd

    General Information

    Property type
    Land

    HighLights

    • $225,000 asking price.
    • 3.12‑acre commercial land parcel.
    • Located in Cedar Springs, MI, at 862 17 Mile Rd NE (APN: 41‑02‑32‑101‑002).
    • Convenient access to M‑37 and US‑131.
    • Potential for a 19,440 SF commercial building with 27 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Clothing Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Springs
    County
    Kent
    State
    Michigan
    Longitude
    -85.649145571589
    Latitude
    43.21957853966

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    FAQs

    What type of property is this?
    Land - 3.12 Acres, Buildable Lot, Excellent Location
    Where is this land located?
    The property is located at 862 17 Mile Rd Cedar Springs, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price.; 3.12-acre commercial land parcel.; Located in Cedar Springs, MI, at 862 17 Mile Rd NE (APN: 41-02-32-101-002).
    Request Owner's contact information
    862 17 Mile Rd Cedar Springs, MI 49319
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    Cedar Springs, MI 49319
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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
    862 17 Mile Rd Cedar Springs, MI 49319
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