3322 Beltline Ct Grand Rapids, MI 49525
- Commercial real estate
- 5.35 lot acres
Current Use by Public Records
- Christian Healthcare Centers / Medical Center / Child Health Care Centre
- Beals Lynne M / Doctor
- chc4women / Maternity Hospital
Property Details for 3322 Beltline Ct
- Lot size
- 5.35 lot acres
- Property type
- Commercial real estate
- APN
- 41-10-35-125-028
- APU
- 411035125028
Description
This exceptional Class A medical office building, constructed in 1999 and extensively renovated in 2021, offers 14,413 square feet of versatile space situated on a 5.4-acre lot. The property features two suites, both currently vacant and available for lease. The entire building (14,413 sq ft) is available, or a minimum of 5,499 sq ft can be leased. One suite, totaling 5,499 square feet, is ideally suited for a medical or dental practice. This end unit boasts abundant natural light, eleven private offices with windows, a spacious waiting/reception area, administrative/patient check-in/check-out space, and twenty exam rooms. The suite also includes separately metered utilities and a full basement offering ample storage. The building boasts a 10-foot ceiling height and 143 parking spaces. Located at the intersection of East Beltline Ave and 5 Mile Rd, this property benefits from a highly visible location and convenient access. The property is zoned for commercial office use and has a tax cost per square foot of $2.32. The building is single-story and does not include elevators. Separate purchase options are available for this property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,720,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,660,000
- 6.5%
- $1,920,000
- 7%
- $1,825,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,750,000
- Geo Method
- $1,560,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,630,000
- Retail
- $1,855,000
- Mixed-Use
- $1,830,000
- Hospitality
- $2,035,000
- Educational
- $1,775,000
- Residential Income
- $1,835,000
- Energy
- $2,030,000
- Income-Based Land
- $1,510,000
- Food Service
- $1,910,000
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.5864
- Latitude
- 43.0377
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
