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Property profile & analytics
OFF-MARKET Estimated value $2,320,000
Industrial properties

4156 Danvers SE Ct Kentwood, MI 49512-4078

42,000 SF 2.5 ac lot Built 1985
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US43-1213109
Property summary
AI-generated overview

This exceptional 7,500-square-foot industrial space, located at 4156 Danvers Court SE in Kentwood, offers a prime location for businesses seeking efficient and versatile operations. The property boasts a strategic position with convenient access to Gerald R. Ford International Airport, I-96, and M-6, ensuring seamless transportation and logistics. The building features impressive clear heights ranging from 27 to 30 feet, providing ample vertical space for storage and operations. Currently, one unit is available for lease, offering a flexible layout suitable for various industrial uses, including manufacturing, warehousing, and distribution. This particular unit, Suite A, includes 750 square feet of dedicated office space, enhancing functionality and providing a professional workspace. Furthermore, it offers convenient access via one dock-high door and one drive-in door, facilitating efficient loading and unloading. The unit is equipped with robust electrical service, featuring 400 amps of 480-volt 3-phase power, accommodating the needs of power-intensive operations. The property is available for occupancy beginning October 1, 2024. The Kent County location and exceptional features make this an ideal opportunity for businesses seeking a well-situated and functional industrial space. The APN for this property is 41-18-24-476-005. This multi-tenant building provides a dynamic and productive environment for various industrial needs.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Total area 42,000 SF
Lot 2.5 ac (108,900 SF)
Zoning code I1
APN 41-18-24-476-005
UPID US43-1213109
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.40M
Blend (final) Blend
$2.32M
Owner & transaction history
Glamse LLC · 5 yrs held
Glamse LLC
since 2021
Last sale
$2.3M
5 recorded transactions
2021
Price N/A
2021
$2.3M
2010
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
I1 · Kentwood, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.4M +76.4%
Office building $3.2M +66.4%
Auto repair, garage $2.6M +34.5%
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