2883 Wilson SW Ave Grandville, MI 49418-1219
Neighborhood Business District, C-3 Commercial Highway District, C-4 Commercial Shopping Center District, C- 5 Commercial Interchange District. Community Center . A place where people can meet for social, educational, or recreational activities. Condominium, Residential. An individually owned dwelling unit in a multiple -family building or an individually ow…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Grandville, MINeighborhood Business District, C-3 Commercial Highway District, C-4 Commercial Shopping Center District, C- 5 Commercial Interchange District. Community Center . A place where people can meet for social, educational, or recreational activities. Condominium, Residential. An individually owned dwelling unit in a multiple -family building or an individually owned building in a condominium development. Conventional Zoning Districts. Zoning districts that employ traditional, as -of-right or self -executing zoning regulation and procedures, and in which district regulations are explicit, uses are specified, and development requirements for lot area, lot width, building height, minimum setbacks, and other site -specific requirements are imposed. Conventional zoning districts are intended to separate incompatible land uses and generally do not consider form or character as requirements. Drive In or Drive Through Facility. An accessory use for a business where the delivery of customer services is done while patrons are in their motor vehicles, usually from within the building via a service window. Dwelling Unit. A building, or any part of one, having cooking and sanitary facilities, designed or used exclusively for residential occupancy by one family, but not including hotels, motels, trailer coaches, or other recreational vehicles, tents, or portable buildings which are portable in nature . Dwelling Unit, Accessory . A dwelling unit that is subordinate to another unit on the same lot and cannot be rented or sold separately from the principal dwelling unit. In order for a dwelling unit to be considered an accessory dwelling unit, all residents of both the accessory unit and the principal unit must collectively meet the definition of “family” in this ordinance. Dwelling Unit, Single Family. A building designed for and occupied by one family, or a building occupied exclusively by one family. Definitions: E - F Essential Services. The erection, construction, alteration, or maintenance by public utilities or municipal departments or commissions of underground or overhead gas, electrical, steam, or water transmission or distribution systems, communication, supply or disposal systems; including poles, wires, mains, drains, sewers, pipes, conduits, cables, fire alarm boxes, traffic signals, hydrants, towers, electric substations, telephone exchange buildings, gas regulator stations, and other similar equipment and acc essories that are reasonably necessary to furnish utility services or for the public health, safety, or general welfare. Façade.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.