318 River Ridge Dr NW Walker, MI 49544
For Sale
This exceptional three-story, Class B executive office building, located at 318 River Ridge Dr NW in Walker, MI, presents a unique investment opportunity. Boasting 32,403 square feet on an expansive 11.03-acre lot (480,467 sq ft), this property offers significant potential. Conveniently situated near the Alpine and I-96 interchange, it enjoys a private setting behind the Alpine shopping corridor. The building is currently multi-tenant, with the ground floor fully leased to Trinity Health. The upper two floors offer a combination of open space, private offices, classrooms, and ample break room areas. The main floor features a large training room and boardroom. The property's zoning (CPUD) allows for expansion, with sufficient parking to accommodate a second building. This presents a rare chance to acquire a substantial office building in a prime location with room for future growth. The asking price is $5,800,000, translating to $179 per square foot. Built in 2000, the property includes one building with approximately 10,000 square feet per floor. The APN is 411301402016.
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Centria Healthcare Medical Clinic
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Mercy Health Corporate Office
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
CPUD · Grand Rapids, MIGrand Rapids. Always verify with local authorities before improvements.
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.