Property profile

3174 4th Mile NW Rd Grand Rapids, MI 49544

OFF-MARKET
Warehouses
Property ID
US43-2162302
267,000 SF 15.63 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 100,000-square-foot industrial sublease space in Walker, Michigan, offers a rare opportunity for businesses seeking state-of-the-art facilities. Built in 2022, this property boasts impressive features including 30'6"-34'3" clear heights, ensuring ample vertical space for various operations. The efficient layout includes 50'x50' column spacing, maximizing usable floor area. Loading and unloading are streamlined with eight dock-high doors and two drive-in overhead doors. Power needs are met with 400 amps of 480-volt 3-phase power, while energy-efficient LED lighting reduces operational costs. The space also includes 1,175 square feet of office space, providing comfortable administrative areas. High-density fire suppression systems ensure a safe working environment. Conveniently located off I-96 in Kent County, this property offers easy access to major transportation routes. The space is ideally suited for a variety of warehouse and manufacturing uses. Available immediately and subleased through June 30, 2027. This is a truly unique opportunity in today's competitive market. The property is located at 3174 4 Mile Rd NW, Grand Rapids, MI 49544. Multiple tenants are permitted.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 267,000 SF
Lot 15.63 ac (680,843 SF)
Zoning code IPUD
APN 41-13-04-101-034
UPID US43-2162302

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage
  • Warehouse & Storage
  • Warehouse & Storage

Location

3174 4th Mile NW Rd Grand Rapids, MI 49544-9401
Grand Rapids metro Census 11601 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A

Zoning & alternative use

IPUD · Grand Rapids, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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