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    Property profile & analytics
    OFF-MARKET Estimated value $580,000
    Office buildings

    2845 Wilson SW Ave, Grandville, MI 49418-3501

    4,914 SF 0.33 ac lot Built 1984
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US43-1010085
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1984
    Total area 4,914 SF
    Lot 0.33 ac (14,375 SF)
    Zoning code I-2
    APN 41-17-18-228-019
    UPID US43-1010085
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $805k
    Comparable Approach Comparable
    $358k
    Blend (final) Blend
    $580k
    Owner & transaction history
    Garza Group Mi LLC · 1 yrs held
    Garza Group Mi LLC
    since 2024
    Last sale
    $800,000
    4 recorded transactions
    2024
    $800,000
    2021
    $370,000
    2021
    2006
    $280,000
    Zoning & alternative use
    I-2 · Grandville, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $405,000 +7.2%
    Retail stores $400,000 +6.0%
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