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    Property profile & analytics

    3061 Shaffer SE Ave Kentwood, MI 49512-1709

    • Industrial properties
    • 257,398 SF
    • 13.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 10, 2022
    Location Intelligence
    Property ID
    US43-4204627
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 3061 Shaffer SE Ave

    Year built
    1957
    Lot size
    13.40 lot acres
    Property size
    257,398 SF
    Zone code
    I1
    Property type
    Industrial properties
    APN
    41-18-15-240-001
    APU
    411815240001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kentwood
    County
    Kent
    State
    Michigan
    Longitude
    -85.591
    Latitude
    42.9085
    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
    2019
    $143,332
    $0.00
    $0.00
    $4,059,600
    -
    $0.00
    $0.00
    $8,119,200

    Comparable in this City

    • Value Estimation by Request
      1.87 Acres

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    • Value Estimation by Request
      82,856 SF

      4150 Paris SE Ave

      INDUSTRIAL (GENERAL) • 82,856 SF
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    • Value Estimation by Request
      39,520 SF

      5575 Kraft SE Ave

      INDUSTRIAL (GENERAL) • 39,520 SF
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    • Value Estimation by Request
      58,409 SF

      4950 Kraft SE Ave

      INDUSTRIAL (GENERAL) • 58,409 SF
      4950 Kraft SE Ave, Grand Rapids, MI 49512-9708
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    • Value Estimation by Request
      285,875 SF

      3290 Patterson SE Ave

      INDUSTRIAL (GENERAL) • 285,875 SF
      3290 Patterson SE Ave, Grand Rapids, MI 49512-1934
      View Details
    • Value Estimation by Request
      30,000 SF

      4323 Patterson SE Ave

      INDUSTRIAL (GENERAL) • 30,000 SF
      4323 Patterson SE Ave, Kentwood, MI 49512-4044
      View Details

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    Similar Nearby for Lease

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      22,400 SF

      Kentwood Industrial Spaces Available

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      Kentwood Industrial Space Available

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    • $6 SF/Yr
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      Kentwood Industrial Space For Lease

      7,500 SF Manufacturing/Warehouse Space
      4156 Danvers Ct, Kentwood, MI 49512
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    • $4 SF/Yr
      37,500 SF

      Industrial Space Near Ford Airport

      Industrial property with convenient access to transportation routes and airport.
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    • $7 SF/Yr
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      Industrial Suite Near GRR Airport

      85,215 SF industrial suite near Gerald R. Ford Airport.
      4555 Danvers Dr SE, Kentwood, MI 49512
      View Details
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    3061 Shaffer SE Ave
    Kentwood, MI 49512-1709
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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