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Property profile & analytics

1035 Godfrey Ave Grand Rapids, MI 49503

  • Commercial real estate
  • 80,007 SF
  • 2.34 lot acres
For Sale
Last Sale
May 26, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0511995
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Pleasant Hearts Pet Food Pantry / Charitable Organization / Social Service Agency
  • The Motion Initiative / Charitable Organization / Social Service Agency
  • Grand Installations / General Contractor / Renovation Specialist
  • SafeComputerRecycling.com / Recycling Center / Waste Management Facility
  • Huizen Furniture Warehouse / Warehouse & Storage

Property Details for 1035 Godfrey Ave

Year built
1968
Lot size
2.34 lot acres
Property size
80,007 SF
Zone code
SD-IT
Property type
Commercial real estate
APN
41-13-36-306-002
APU
411336306002

Description

This exceptional Grand Rapids property at 1035 Godfrey Ave SW offers a unique blend of executive office and warehouse space, totaling 9,304 square feet. Currently, 4,304 square feet of versatile space is available for lease within a single suite. The building boasts an impressive 18-foot ceiling height, ideal for various industrial uses, and features twelve convenient drive-in bays for efficient loading and unloading. The property is zoned commercial and situated in Kent County, Michigan, with the APN 41-13-36-306-002. Its prime location just south of the revitalized Roberto Clemente Park places it in a thriving area experiencing significant growth. The property's adjacency to the Factory Yard Lofts Development, a project adding over 450 apartments, promises increased foot traffic and a vibrant surrounding community. The available suite features an open office plan, complete with several individual offices and a fully equipped kitchen, providing a comfortable and functional workspace. This is a rare opportunity to secure a well-located, versatile property in a rapidly developing area of Grand Rapids, offering significant potential for businesses seeking both office and warehouse functionality. The property is located in an opportunity zone, offering potential tax advantages. The zip code is 49503.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $4,420,000
    Market price range: $4.42M - $12.2M
    AI Estimate
    $4,420,000
    Market price range: $4.42M - $12.2M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.685
Latitude
42.944
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
$15,539
$0.00
$0.00
$1,022,700
-
$0.00
$0.00
$2,045,400
More about this property
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