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Property profile & analytics
OFF-MARKET
Industrial properties

2891 Sanford SW Ave Grandville, MI 49418-1342

1,200 SF 0.15 ac lot Built 2006
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US43-1806907
Property summary
AI-generated overview

This 1,250 square foot industrial condo, located at 2891 Sanford Avenue SW in Grandville, Michigan, presents a versatile space ideal for various business needs. Situated conveniently south of 28th Street SW, this property offers a practical layout including a restroom, a small office area, and a 12' x 14' drive-in door, enhancing accessibility and operational efficiency. The unit boasts 16' clear ceiling heights, providing ample vertical space for storage or equipment. Essential utilities are readily available, with water hookups already in place, and a floor drain for convenient waste disposal. A ceiling fan contributes to climate control. The property is offered as a modified gross lease, meaning the monthly rental rate includes property taxes, insurance, snow removal, and lawn care. Tenants are responsible for gas, electricity, in-suite janitorial services, and data costs. The property's APN is 41-17-17-139-015, and it's located in Kent County. This multi-tenant building offers a single available unit, making it an excellent opportunity for a small business seeking a functional and well-equipped workspace. The combination of features and convenient location makes this industrial condo a highly attractive option.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 2006
Total area 1,200 SF
Lot 0.15 ac (6,490 SF)
Zoning code C-3
APN 41-17-17-139-015
UPID US43-1806907
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fundamenta LLC · 5 yrs held
Fundamenta LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
C-3 · Grandville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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