Property summary
This exceptional 4,900-square-foot executive office building, situated on a spacious 1.26-acre lot in Kent County's Airport District-GRR submarket, presents a unique investment opportunity. The single-story, Class B building, constructed in 1985, offers a versatile layout ideal for a variety of businesses. The interior features a welcoming reception area, a sizable training room perfect for presentations or employee development, numerous private offices providing individual workspaces, a dedicated conference room for meetings and collaborations, and restrooms complete with showers – a valuable amenity for employees. Ample on-site parking is available, catering to the needs of staff and clients. The expansive lot size offers significant potential for future expansion, allowing for the addition of building space, increased parking capacity, or a combination of both, depending on future business needs. The property is zoned I1 and has an APN of 411814300068. The entire 4,900 square feet is currently vacant, making it an attractive proposition for a single tenant seeking a move-in ready space. This property is available for both sale and lease, offering flexibility to prospective buyers and tenants. The strategic location in the Airport District provides excellent accessibility and visibility.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
format, the regulations of two of the city's industrial districts. I-1 light industrial is intended to organize modern technology based industrial uses that have the least impact on the community. This district includes…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
I1 · Kentwood, MIformat, the regulations of two of the city's industrial districts. I-1 light industrial is intended to organize modern technology based industrial uses that have the least impact on the community. This district includes…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
format, the regulations of two of the city's industrial districts. I-1 light industrial is intended to organize modern technology based industrial uses that have the least impact on the community. This district includes…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I1 in Kentwood, MI.
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