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Property profile & analytics

3622 Rivertown Pkwy SW Grandville, MI 49418

  • Commercial real estate
  • 124,244 SF
  • 10.37 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1744254
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

  • Commercial real estate

Property Details for 3622 Rivertown Pkwy SW

Year built
1999
Lot size
10.37 lot acres
Property size
124,244 SF
Zone code
C-4
Property type
Commercial real estate
APN
41-17-29-253-001
APU
411729253001

Description

This exceptional retail property, formerly a Sears, offers a significant opportunity in the thriving Rivertown Crossings shopping center in Grandville, Michigan. The 138,050 square foot building sits on 12 acres and features a flexible layout, divisible into spaces as small as 1,367 square feet, with a maximum contiguous space of 59,228 square feet. The two-story building is currently entirely vacant and presents a unique chance to establish a prominent retail presence. The property benefits from its strategic location within a high-traffic retail corridor, anchored by major retailers including Dick's Sporting Goods, JCPenney, Kohl's, and Macy's. The surrounding area boasts additional shopping centers like Wilson Town Center, Grandville Marketplace, Bucktown, and Rivertown Center, ensuring high visibility and customer traffic. The property's proximity to big-box stores such as Meijer, Costco, and a nearby Walmart further enhances its appeal and accessibility. This is a rare opportunity to acquire a substantial retail space in a prime location with significant potential for growth and success. The property consists of six total suites within a single building. The address is 3622 Rivertown Pkwy, Grandville, MI 49418, located in Kent County.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $5,302,000
    Market price range: $5.30M - $16.2M
    AI Estimate
    $5,302,000
    Market price range: $5.30M - $16.2M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Grandville
County
Kent
State
Michigan
Longitude
-85.7523
Latitude
42.88
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
2021
$119,066
$0.00
$0.00
$1,464,500
-
$0.00
$0.00
$2,929,000
More about this property
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