Property profile

2300 44Th St SE Kentwood, MI 49508

FOR SALE
Commercial land
Property ID
US43-1152560
0.68 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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2300 44Th St SE, Kentwood, MI 49508 For Sale
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2300 44Th St SE, Kentwood, MI 49508
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Property summary

AI-generated overview

This exceptional 1.16-acre commercial land parcel presents a remarkable investment opportunity in the thriving Kentwood, Michigan market. Located at 2300 44th St SE, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial development possibilities. The land is strategically situated near the intersection of 44th Street and Breton Road, directly across from the busy Horrocks Market strip center, ensuring high visibility and accessibility. The property comprises two parcels (APN 41-18-28-226-006 & 040), providing convenient access from 44th Street and extending to Countrywood Drive SE, offering multiple ingress and egress points for optimal traffic flow. This prime location benefits from proximity to established businesses, including Tommy's Carwash, Chase Bank, and Scooter's Coffee, creating a vibrant and attractive commercial environment. The asking price for this exceptional property is $295,000. This represents a significant opportunity to acquire a well-positioned commercial lot in a rapidly growing area with strong potential for future development and return on investment. The property's size and zoning make it suitable for a variety of commercial uses, making it an ideal investment for both developers and businesses seeking a strategic location in Kentwood, MI, zip code 49508.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.68 ac (29,621 SF)
Zoning code C2
APN 41-18-28-226-006
UPID US43-1152560

Cap rate & NOI

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

Location

2300 44Th St SE Kentwood, MI 49508
Kentwood metro Census 12704 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2021
Last sale
$70,000
5 recorded transactions
2021
$70,000
2006
Price N/A
2002
$140,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Kentwood, MI
Zoning description

The uses permitted by special land use approval in the C-2 community commercial, C-4 office and C-5 neighborhood corridor commercial districts may be permitted when all applicable standards as cited in chapter 15 are met…

General category COMMERCIAL

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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