956 3 Mile RdGrand Rapids, MI 49544

  • Other commercial real estate
  • 3,998 SF
For Sale
$497,500 View listing

Property Details for 956 3 Mile Rd

Year built
1978
Lot size
1.29 AC
Property size (Sq ft)
3,998 SF
Zone code
ORP
Property type
Other commercial real estate
APN
41-13-11-226-013
APU
411311226013

Description

This exceptional single-tenant office building, located at 956 3 Mile Rd NW in Grand Rapids, Michigan, presents a unique investment opportunity. The 3,998 square foot building sits on a sizable 1.29-acre corner lot, providing ample on-site parking for employees and clients. Its convenient location offers easy access to major thoroughfares like Alpine Avenue NW and the I-96/US 131 interchange, ensuring seamless commutes. The property's strategic placement also benefits from proximity to a variety of retail establishments and restaurants, including Home Depot, Burger King, McDonald's, Tropical Smoothie, and Meijer, enhancing convenience and attracting potential tenants. The building is a single-story structure, zoned ORP (the specific meaning of this zoning code is not provided here), and features a total of 3,998 square feet of vacant, readily available office space. The property's APN is 41-13-11-226-013 within Kent County, Michigan, and its zip code is 49544. This turnkey property is ideal for businesses seeking a well-located, spacious, and easily accessible office space in a thriving commercial area. The ample parking and convenient location make this an attractive option for both employees and clients. The entire building is currently vacant, presenting a blank canvas for a new tenant or owner-occupier.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $835,805
    Hospitality
    $765,593
    Educational
    $636,965
    Medical
    $658,871
    Retail
    $990,834
956 3 Mile Rd, Grand Rapids, Michigan
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Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
43.0139
Longitude
-85.693
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$7,341
-
-
$238,600
-
-
-
$477,200

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