Property profile

657 Grant St Grand Rapids, MI 49503

OFF-MARKET
Warehouses
4.86 ac lot
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Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to acquire approximately 4.86 acres of prime industrial land situated just southwest of downtown Grand Rapids, Michigan. The property boasts excellent highway visibility and convenient access from all directions, making it an ideal location for a variety of industrial uses. The site includes multiple existing buildings, presenting potential for redevelopment or repurposing. This large, contiguous parcel represents one of the last significant development opportunities within Grand Rapids city limits. The property is identified by APN numbers 41-13-36-252-008, 41-13-36-255-009, 41-13-36-255-010, 41-13-36-255-040, 41-13-36-255-041, 41-13-36-255-044, 41-13-36-255-045, 41-13-36-255-046, 41-13-36-255-047, 41-13-36-255-048, 41-13-36-255-022, 41-13-36-255-054, 41-13-36-255-037, 41-13-36-255-049, 41-13-36-255-053, 41-13-36-255-052, 41-13-36-255-051, 41-13-36-255-050, 41-13-36-255-030, 41-13-36-255-029, 41-13-36-255-028, 41-13-36-255-027, 41-13-36-255-026, 41-13-36-255-025, 41-13-36-255-024, and 41-13-36-255-023. The asking price for this exceptional property is $7,000,000. Located at 657 Century Avenue SW & 341 Grant Street SW, Grand Rapids, MI 49503, this is a truly unique investment opportunity.

Property profile

Verified
Property type Warehouses
Lot 4.86 ac (211,702 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

657 Grant St Grand Rapids, MI 49503
Grand Rapids metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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