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Property profile & analytics

2306 Camelot Rdg SE Ct Grand Rapids, MI 49546-2434

  • Commercial real estate
  • 15,650 SF
  • 4.64 lot acres
OFF-MARKET
Last Sale
Feb 20, 2020
Value Estimations
$1,470,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1856042
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

  • Gymco / Gym & Fitness Center
  • Little Space Photos / Photography Service / (Bike/Boat/Book/etc) Store
  • Gymco Discovery Preschool / High School / Daycare Center
  • Trusted Rides / Association / Organization

Property Details for 2306 Camelot Rdg SE Ct

Year built
2002
Lot size
4.64 lot acres
Property size
15,650 SF
Zone code
R1-C
Property type
Commercial real estate
APN
41-18-12-101-052
APU
411812101052

Description

This exceptional 15,650-square-foot commercial building, situated on a spacious 4.64-acre lot in Grand Rapids, Michigan, presents a remarkable investment opportunity. Built in 2002, this single-story Class B office building boasts a prime location with high-profile signage on heavily traveled East Paris Avenue, ensuring excellent visibility and accessibility. The property features a versatile layout suitable for various uses, including creative office, traditional office, and retail, as reflected in its C-2 Commercial zoning. Currently vacant, the building offers a blank canvas for customization, with existing features including office space, a conference room, a break room, a large open area with two drive-in doors, and full air conditioning. The pre-engineered steel construction ensures durability and longevity. The ample parking and expansive lot size provide room for future expansion. The asking price is $1,950,000, translating to $124.60 per square foot. The lease type is NNN, and the property is offered as a single tenancy. The seller is open to negotiating tenant improvements. This property offers a unique blend of functionality, location, and potential, making it an ideal investment for discerning buyers seeking a versatile and well-positioned commercial space.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,472,000
    Market price range: $1.14M - $3.07M
    AI Estimate
    $1,472,000
    Market price range: $1.14M - $3.07M

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


Location Insight

  • Map
  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.5655
Latitude
42.9216
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
2019
$34,570
$0.00
$0.00
$803,600
-
$0.00
$0.00
$1,607,200
More about this property
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