Property profile

4271 28Th St SE Kentwood, MI 49512

FOR LEASE
Commercial land
Property ID
US43-1221449
0.72 ac lot
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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4271 28Th St SE, Kentwood, MI 49512 For Lease
Contact for pricing 6,000 SF available
4271 28Th St SE, Kentwood, MI 49512
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Property summary

AI-generated overview

This exceptional 6,000-square-foot freestanding retail building is available for lease in Kentwood, Michigan's vibrant 28th Street Southeast submarket. Located at 4271 28th Street SE, this single-tenant property offers significant potential for a variety of retail businesses. While not directly fronting 28th Street, it benefits from a 28th Street address and convenient access. The building is currently vacant and ready for immediate occupancy. The property is zoned C-2, providing flexibility for a range of commercial uses. The final price will be determined based on the finalized design and specifications, subject to owner approval of the tenant's intended use and creditworthiness. Securing necessary permits and financing is also a condition of the lease. This is a lease-only opportunity

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.72 ac (31,233 SF)
Zoning code C4
APN 41-18-12-376-021
UPID US43-1221449

Cap rate & NOI

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

Location

4271 28Th St SE Kentwood, MI 49512
Kentwood metro Census 12610 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

Zoning & alternative use

C4 · Kentwood, MI
Zoning description

outside the city; and C-4 office/business district, which is intended primarily to permit office and business uses of a less intensive nature than those in the other commercial districts. These regulations shall provide…

General category COMMERCIAL

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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