Property profile

1800-1900 44Th St Kentwood, MI 49508

OFF-MARKET
Retail properties & Spaces
1,160,575 SF 0.84 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional single-tenant executive office building, located at 1800-1900 44th St in Kentwood, Michigan, presents a compelling investment opportunity. The property boasts a substantial 1,160,575 square feet of space, situated on a 0.84-acre lot (APN: 411828125006,411828). Built in 1974 and renovated in 2003, the single-story building is zoned C2, offering significant flexibility for various commercial uses. The asking price is $395,000, translating to a price per square foot of $0.34 and a land value of approximately $470,238 per acre. This property is part of a larger development with three additional outlots available, subject to a lot split and the closing of the sale. The property's location in Kentwood, Kent County, MI (zip code 49508) provides excellent access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a significant commercial property in a desirable location at an attractive price point. The property's size and zoning make it suitable for a wide range of businesses seeking a substantial and well-maintained office space. Further details regarding the lot split and the other outlots are available upon request.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1974
Total area 1,160,575 SF
Lot 0.84 ac (36,590 SF)

Cap rate & NOI

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

Location

1800-1900 44Th St Kentwood, MI 49508
Kentwood metro
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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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