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Property profile & analytics

28th Se & Charlevoix Dr Grand Rapids, MI 49546

  • Land
  • 1.15 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 28th Se & Charlevoix Dr

Lot size
1.15 lot acres
Property type
Land

Description

This 1.15-acre commercial land parcel, located at 28th Street SE & Charlevoix Drive SE in Grand Rapids, MI (49546), presents a prime build-to-suit or ground lease opportunity. Situated in the Cascade submarket, this Kent County property (APN: 41-19-17-102-007) boasts 50,094 square feet and is zoned PUD - Centennial Park Overlay Zoning District. Power is provided by Consumers Energy. The site enjoys exceptional visibility to over 27,345 daily drivers due to its strategic location along 28th Street SE and Charlevoix Drive SE, benefiting from a signalized intersection and ample parking. Its proximity to major retailers like Walmart, Meijer, Costco, and Target, as well as Woodland Mall (seven-minute drive), ensures high traffic and consumer exposure. The area's strong demographics, including a population of over 84,682 within a five-mile radius and an average household income exceeding $103,459, create a robust consumer base. With projected population growth of 3.6% over the next five years and over $3.27 billion in total annual consumer spending, this location offers significant potential for a variety of businesses, including drive-thru eateries, banks, urgent care facilities, and other retail or medical options. Easy ingress and egress further enhance the site's appeal.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.5222
Latitude
42.9131
More about this property
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