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    2845 Wilson SW Ave Grandville, MI 49418-3501
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    Property profile & analytics

    2845 Wilson SW Ave Grandville, MI 49418-3501


    • Office buildings
    • 4,914 SF
    • 0.33 lot acres
    Off-Market
    Last Sale Sep 13, 2024
    $800,000
    Property ID
    US43-1010085
    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.

    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 2845 Wilson SW Ave

    Year built
    1984
    Lot size
    0.33 lot acres
    Property size
    4,914 SF
    Zone code
    I-2
    Property type
    Office buildings
    APN
    41-17-18-228-019
    APU
    411718228019

    Description

    This exceptional 6,412-square-foot executive office building in Grandville, Michigan, presents a compelling investment opportunity. Located at 2845 Wilson Ave SW, this single-story, Class C building boasts a prime location just one block from the convenient 28th/I-196 interchange, ensuring easy access and high visibility. Constructed in 1984 and extensively renovated in 2019, the property features five currently occupied suites, offering immediate income potential. The building's layout allows for flexibility, with the possibility of an owner-occupant utilizing approximately 2,200 square feet. Ample parking is provided with two lots situated at the front and rear of the building. Enhance your brand with prominent signage opportunities on both the building and a dedicated monument sign. The property sits on a 0.33-acre lot and is zoned 1-2, offering potential for future expansion or development. The asking price is $899,900, translating to $183.13 per square foot. The property's APN is 411718228019. This turnkey investment offers a blend of immediate income and long-term growth potential in a thriving Grandville location. Don't miss this chance to acquire a well-maintained, strategically located office building with excellent visibility and accessibility.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $355,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $875,000
      6.5%
      $805,000
      7%
      $750,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $357,000
      Market price range: $198k - $811k
      AI Estimate
      $357,000
      Market price range: $198k - $811k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $375,000
      Current use
      COMMERCIAL (GENERAL)
      $405,000
      Change: +7% Conversion: Easy
      RETAIL STORES
      $400,000
      Change: +6% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Grandville
    County
    Kent
    State
    Michigan
    Longitude
    -85.7641
    Latitude
    42.9129
    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
    $8,035
    $0.00
    $0.00
    $249,600
    -
    $0.00
    $0.00
    $499,200
    More about this property
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