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    OFF-MARKET
    Land

    5980 Metro Way, Kentwood, MI 49548

    1.43 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.43-acre commercial land parcel presents a unique investment opportunity in Kentwood, Michigan. Located at 5980 Metro Way SW, this property boasts a prime location in a high-traffic area, situated as an outlot of Metro Health Hospital and along the bustling Byron Center Avenue corridor. The surrounding area is characterized by a thriving retail environment, ensuring high visibility and accessibility for any commercial venture. The property's APN is 41-17-34-376-065. Its convenient proximity to the M-6 Highway Interchange provides excellent access for customers and employees. The asking price for this exceptional land is $1,600,000. A ground lease option is also available, offering added flexibility for potential buyers. This property is zoned for commercial use and presents a rare opportunity to develop a successful business in a high-demand location. The property's size and location make it ideal for a variety of commercial uses, from retail establishments to medical offices. Serious inquiries are encouraged to explore the potential of this remarkable investment. The property is situated in Kent County, Michigan, with a zip code of 49548. The coordinates are 42.8644771 latitude and -85.6588999 longitude.

    Property profile
    Verified
    Property type Land
    Lot 1.43 ac (62,291 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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