Property profile

3963 Butternut NE Dr Belmont, MI 49306

OFF-MARKET
Commercial land
Property ID
US43-1506656
0.44 ac lot
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses two contiguous parcels totaling one acre of vacant land, strategically located at 3963 & 3973 Butternut Drive in Plainfield Charter Township, Kent County, Michigan, 49306. The property, identified by APN numbers 41-10-14-476-002 & 003, is zoned for office use, presenting a prime location for new construction. Situated near recently developed office buildings, this site benefits from excellent visibility and accessibility. The land's prime location offers significant potential for developers seeking to capitalize on the growing demand for office space in this thriving area. The combined acreage provides ample space for a substantial development project, allowing for flexibility in design and building size. This is a rare opportunity to acquire a well-positioned, ready-to-develop parcel in a desirable location. The asking price for this exceptional property is $325,000. Don't miss this chance to secure a valuable asset in a rapidly developing commercial area. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.44 ac (19,384 SF)
Zoning code O-OFFI
APN 41-10-14-476-002
UPID US43-1506656

Cap rate & NOI

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

Location

3963 Butternut NE Dr Belmont, MI 49306-9651
Belmont metro Census 11002 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 2016
2 recorded transactions
2016
Price N/A
2003
Price N/A

Zoning & alternative use

O-OFFI · Belmont, 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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