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    3818 52Nd St Kentwood, MI 49512

    Sponsored
    For Sale
    $399,000

    0.89-acre commercial lot, drive-thru approved.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.89-acre commercial land parcel presents a prime investment opportunity in Kentwood, Michigan. Located at 3818 52ND ST SE, Kentwood, MI 49512, this flat lot boasts significant frontage on 52nd Street SE and is pre-approved for a drive-thru, opening up a wide range of possibilities for development. Ideal for various uses including, but not limited to, banking, credit unions, fast-food restaurants, and more. The property is part of the established Shoppes at 52nd Street, a thriving retail center anchored by successful businesses such as Jimmy Johns, Bailey Groves Beverages, Fabulous Nail, PJ's Pizza, China I, COCO Salon, Hershey's Ice Cream, and Child Time Day Care Center. This strategic location benefits from high traffic counts on 52nd Street and East Paris Avenue, averaging 17,206 vehicles daily. The surrounding area is further enhanced by the established Bailey's Grove and the growing Wildflower Creek neighborhoods, ensuring a strong customer base and consistent foot traffic. The asking price for this exceptional property is $399,000. Don't miss this chance to capitalize on this high-visibility, high-traffic location.

    Property Features for 3818 52Nd St

    General Information

    Property type
    Land
    Lot Size
    38,768 SF

    HighLights

    • 0.89‑acre commercial lot in Kentwood, MI, at 3818 52ND ST SE.
    • Pre‑approved for drive‑thru, ideal for various uses including restaurants and financial institutions.
    • Located in the Shoppes at 52nd Street retail center, near established businesses.
    • High traffic counts (17,206 vehicles daily) on 52nd Street SE and East Paris Avenue.
    • Asking price: $399,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kentwood
    County
    Kent
    State
    Michigan
    Longitude
    -85.570827
    Latitude
    42.868604

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    FAQs

    What type of property is this?
    Land - 0.89-acre commercial lot, drive-thru approved.
    Where is this land located?
    The property is located at 3818 52Nd St Kentwood, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 0.89-acre commercial lot in Kentwood, MI, at 3818 52ND ST SE.; Pre-approved for drive-thru, ideal for various uses including restaurants and financial institutions.; Located in the Shoppes at 52nd Street retail center, near established businesses.
    Request Owner's contact information
    3818 52Nd St Kentwood, MI 49512
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    Kentwood, MI 49512
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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
    3818 52Nd St Kentwood, MI 49512
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