44th Se & Patterson Ave, Kentwood, MI 49512
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.