Property profile

5230 33Rd St Grand Rapids, MI 49512

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 5230 33rd Street SE in Grand Rapids, Michigan (49512), offers 27,132 square feet of warehouse space currently available for lease. Situated in the desirable airport submarket, this multi-tenant building provides convenient access to I-196, ensuring efficient transportation. The warehouse boasts impressive features including 18-foot clear heights, a spacious layout with 40' x 40' column spacing, and ample power to accommodate various industrial needs. Loading and unloading are facilitated by two shared loading docks and one shared overhead door. The property also includes a substantial 5,136 square foot office space, enhanced by a concrete mezzanine. Further enhancing its functionality, the building is fully air-conditioned and equipped with a backup generator and a comprehensive sprinkler system for safety and security. This property is ideal for businesses seeking a modern, well-equipped warehouse space in a prime Grand Rapids location. The property is classified as Industrial, with subtypes of Manufacturing, Warehouse, and Distribution. Kent County location.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor
  • Insurance Agency

Location

5230 33Rd St Grand Rapids, MI 49512
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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