Property profile

4255 Alpine NW Ave Comstock Park, MI 49321

OFF-MARKET
Strip malls
Property ID
US43-0828947
24,000 SF 1.77 ac lot Built 1999
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail space, located at 4255 Alpine Ave NW Suite C in Comstock Park, Michigan, presents a fantastic opportunity for a single-tenant business. The property, part of the Alpine Market Place shopping center in Kent County, boasts a total building size of 24,000 square feet. The available space comprises 3,960 square feet, offering ample room for a variety of retail ventures. The property's convenient location in the 49321 zip code provides excellent visibility and accessibility for customers. Situated in a thriving commercial area, this space benefits from high foot traffic and a strong local customer base. The "For Lease" status indicates immediate availability, allowing for a swift and efficient occupancy process. This single-tenant occupancy ensures exclusive use of the designated space, providing a unique opportunity to establish a strong presence within the community. The property's classification as a shopping center within the retail sector highlights its suitability for businesses seeking a prime location with established infrastructure. The address is easily accessible and well-suited for both customers and employees. This is an ideal opportunity for businesses seeking a well-located, spacious, and readily available retail space in a bustling Michigan community. The property is ready for immediate occupancy.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 24,000 SF
Lot 1.77 ac (77,275 SF)
Zoning code C-PUD
APN 41-09-35-227-004
UPID US43-0828947

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Restaurant
  • Restaurant
  • Golf Course
  • Restaurant

Location

4255 Alpine NW Ave Comstock Park, MI 49321-8174
Comstock Park metro Census 11403 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 2020
5 recorded transactions
2020
Price N/A
2014
Price N/A
2011
Price N/A
2009
$2.1M
2005
Price N/A

Zoning & alternative use

C-PUD · Comstock Park, 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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