Property summary
This exceptional Class A office building, located at 2325 Belmont Center Drive NE in Plainfield Charter Township, Michigan, presents a compelling investment opportunity. Built in 2019, this single-story, 6,884 square foot property boasts a desirable location within the Belmont Office park area, offering excellent road frontage on both Jupiter and Belmont Center. The building features two units, currently 100% occupied by long-term professional tenants under NNN leases with a remaining term of 2 years. The property includes 36 parking spaces and sits on a 0.97-acre lot. With a Net Operating Income (NOI) of $102,021 and an asking price of $1,320,000, this investment offers a 7.75% cap rate. The property is zoned PUD - PLN and features brand new construction. This is an ideal owner/user or investment opportunity for long-term growth, given the strong tenancy and prime location in Kent County, MI (zip code 49306). The APN is 41-10-16-429-002. The price per square foot is $191.74.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Financial Advisor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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