Property profile

760 36Th St Grand Rapids, MI 49548

OFF-MARKET
Warehouses
20,000 SF
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Property summary

AI-generated overview

This exceptional multi-tenant industrial building, located at 760 36th Street SE in Wyoming, Michigan (Kent County, zip code 49548), offers a unique investment opportunity. The property encompasses a total of 20,000 square feet on a 0.87-acre lot, providing ample space for various industrial uses. The building is conveniently situated near US-131, offering excellent access to major transportation routes. It features two distinct suites, ideal for owner-occupancy and leasing. The larger, north-facing suite boasts 15,546 square feet, including 1,752 square feet of office space with private offices, restrooms, reception, and a break area. The warehouse portion of this suite comprises 13,704 square feet, featuring 18-foot clear heights, 400 amps of 480v-3/phase power, two loading docks, and one drive-in door. The smaller, south-facing suite offers 4,544 square feet, with 3,010 square feet of office space including private offices, conference rooms, restrooms, a break area, and reception. Its industrial space totals 1,534 square feet, equipped with one loading dock, one drive-in door, and 18-foot clear heights. The property also includes a significant advantage: 40 parking spaces, a rare commodity in today's market. The parking lot was recently repaved in 2022. The building will be vacant and ready for occupancy on December 1st. This property is classified as Industrial, with subtypes including Manufacturing, Warehouse, and Distribution, and is available for both sale and lease.

Property profile

Verified
Property type Warehouses
Total area 20,000 SF

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
  • Transit Station
  • Hotel & Motel

Location

760 36Th St Grand Rapids, MI 49548
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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