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    OFF-MARKET
    Land

    44th Se & Patterson Ave, Kentwood, MI 49512

    1.81 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.81-acre (78,844 sq ft) commercial land parcel in Kentwood, MI (49512), offers a prime build-to-suit or ground lease opportunity. Located at the intersection of 44th Street SE and Patterson Avenue SE, this I1-zoned lot boasts 180 feet of frontage and excellent visibility to over 37,116 daily drivers. Its proximity to Gerald R. Ford International Airport makes it ideal for businesses needing convenient access. The site is well-suited for various uses, including drive-thru restaurants, banks, urgent care facilities, and other retail or medical establishments. The area features strong demographics, with over 115,238 people residing within a five-mile radius and an average household income exceeding $99,448. Annual consumer spending within this radius surpasses $3.73 billion, with over $235 million allocated to food and beverage establishments. Woodland Mall, a destination shopping center, is just a six-minute drive away. The site offers easy ingress and egress, ample parking, and benefits from the Kentwood area's projected 3.3% population growth over the next five years. Consumers Energy provides power to the site. The Kent County property (APN: 41-18-24-478-013) presents a compelling investment opportunity in a thriving, rapidly growing community.

    Property profile
    Verified
    Property type Land
    Lot 1.81 ac (78,844 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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