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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

155 28Th St Grand Rapids, MI 49548

5.1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 5.1 ac (221,938 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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