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    OFF-MARKET
    Warehouses

    3101 Fruit Rdg NW Ave, Grand Rapids, MI 49544-9774

    45,000 SF 31.91 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-1931469
    Property summary
    AI-generated overview

    This exceptional Class A industrial suite, totaling 90,000 square feet, is available for lease in Grand Rapids, Michigan. Located at 3101 Fruit Ridge Ave NW, 49544, this single-tenant space is part of a larger, newly constructed 198,000 square foot facility completed in 2023. The building boasts impressive features ideal for manufacturing, warehousing, distribution, or research and development operations. Key features include a 32-foot clear ceiling height, 60'x50' column spacing, and ESFR sprinklers. The property benefits from heavy 3-phase power and air-conditioned warehouse space, ensuring a comfortable and efficient work environment. Its prime location offers excellent visibility and convenient freeway access via Fruit Ridge Avenue and proximity to M-96, providing easy access for suppliers, clients, and employees. The property is situated within a PA 198 district. This state-of-the-art facility provides an unparalleled opportunity to establish or expand your business in a strategic and highly accessible location within Grand Rapids. The building's modern design and ample space offer significant logistical advantages for businesses seeking efficient operations and a high-quality workspace.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Total area 45,000 SF
    Lot 31.91 ac (1,390,000 SF)
    Zoning code ML
    APN 41-13-06-400-033
    UPID US43-1931469
    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
    Current use
    Occupant on record · Public records
    • Specialty Tooling Systems Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Fruit Ridge Properties LLC · 3 yrs held
    Fruit Ridge Properties LLC
    since 2023
    3 recorded transactions
    2023
    2023
    2022
    Zoning & alternative use
    ML · Grand Rapids, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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