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    OFF-MARKET
    Land

    4013 Division Ave, Grand Rapids, MI 49548

    0.67 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 0.67-acre commercial land parcel, located at 4013 Division Ave S in Grand Rapids, Michigan (zip code 49548, APN 41-17-24-427-026), presents a unique investment opportunity. Situated in a high-traffic area with over 16,500 cars passing daily, this property is zoned FBC-CG and offers significant potential for retail development. The asking price is $150,000, translating to approximately $223,546.95 per acre. The property's location places it in close proximity to established businesses such as McDonald's, Dollar Tree, and LMCU, further enhancing its desirability. This vacant land is being offered for cash sale. Serious inquiries are encouraged to explore the possibilities of this prime commercial real estate in a thriving Kent County neighborhood. The property's size provides ample space for a variety of retail ventures, capitalizing on the high volume of daily traffic along Division Avenue South. This is a rare opportunity to acquire a well-located commercial lot in a bustling area of Grand Rapids.

    Property profile
    Verified
    Property type Land
    Lot 0.67 ac (29,185 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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