Property profile

1575 Grand Riv Rd Meridian charter Township, MI 48864

OFF-MARKET
Retail properties & Spaces
10,464 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Ingham County property offers 10,464 square feet of versatile commercial space, ideal for a variety of executive office uses. Previously a bank, the building includes a valuable drive-thru feature and is divisible to a minimum of 4,822 square feet. A contiguous 10,464 square foot space is also available. The building is strategically located at 1575 W Grand River Rd in Meridian Charter Township, MI 48864, a high-traffic corner lot with multiple points of access. Its prominent position boasts excellent visibility, situated near major retailers such as Home Depot, Target, Kroger, Meridian Mall, and Meijer, ensuring high traffic counts and strong demographics. The property's adjacency to Tom's Food Center and proximity to Sparrow lab further enhances its desirability. An adjacent 1,182 square foot space is also available for lease, offering a potential combined total of 6,004 square feet. This presents a unique opportunity to establish a significant presence in a thriving commercial area. The building has the potential for expansion to its full 10,464 square feet.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,464 SF

Cap rate & NOI

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

Location

1575 Grand Riv Rd Meridian charter Township, MI 48864
Meridian charter Township metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1575 Grand Riv Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message