Current Use by Public Records
- Retail properties & Spaces
Property Details for 155 28Th St
- Lot size
- 5.10 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 5.095-acre commercial land parcel presents a remarkable investment opportunity in Grand Rapids, Michigan. Located at 155 28th St SW, this property boasts a highly desirable location at the lighted, hard-corner intersection of Buchanan Avenue and 28th Street, ensuring exceptional visibility and accessibility. With over 500 feet of frontage, the site benefits from exposure to a daily traffic count exceeding 42,000 vehicles. Its proximity to the US-131 Interchange (less than 200 feet) further enhances its strategic advantage. The property's zoning designation is FBC-CE, allowing for a variety of commercial uses, including the possibility of a drive-thru facility. The asking price is $3,950,000, translating to approximately $804,410.50 per acre. The parcel's size and location make it ideal for a wide range of commercial developments, capitalizing on the high traffic volume and convenient access to major transportation routes. The property's APN is 41-17-12-476-013. This is a rare opportunity to acquire a prime commercial land parcel in a thriving Grand Rapids location. Serious inquiries are encouraged.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.6697
- Latitude
- 42.9141
