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    4315 3rd Mile NW Rd Grand Rapids, MI 49534-1136
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    Property profile & analytics

    4315 3rd Mile NW Rd Grand Rapids, MI 49534-1136


    • Manufacturing properties
    • 71,798 SF
    • 8.51 lot acres
    Off-Market
    Last Sale Oct 30, 2024
    Property ID
    US43-1141730
    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.

    Value Estimations
    $4,420,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty Tooling Systems / Production Facility

    Property Details for 4315 3rd Mile NW Rd

    Year built
    1993
    Lot size
    8.51 lot acres
    Property size
    71,798 SF
    Zone code
    ML
    Property type
    Manufacturing properties
    APN
    41-13-06-400-031
    APU
    411306400031

    Description

    This exceptional 82,806-square-foot industrial building presents a rare opportunity in West Michigan. Situated on 8.51 acres with convenient I-96 access, this precast concrete facility offers significant expansion potential, adding another 54,000 square feet for a total of 136,806 square feet. Originally constructed in 1993 and expanded in 2017 (including a new roof), this well-maintained property boasts a fully air-conditioned interior, ample manufacturing power, and impressive features. Four drive-in doors and one dock provide efficient loading and unloading, while 24-foot ceilings offer ample vertical space. Seven cranes (5 to 20-ton capacity) and compressor lines cater to diverse manufacturing needs. The building also includes 19,196 square feet of modern office space, divided between a 10,094-square-foot main floor and a 9,102-square-foot second floor accessible by elevator. The office area was renovated in 2019. Its versatile design suits manufacturers, warehouse operators, and various other industrial users, even allowing for a potential two-tenant configuration. This property is located in Kent County and is available for sublease or purchase.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,422,000
      Market price range: $1.63M - $4.42M
      AI Estimate
      $4,422,000
      Market price range: $1.63M - $4.42M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,310,000
      Current use
      COMMERCIAL (GENERAL)
      $6,290,000
      Change: +90% Conversion: Difficult
      RETAIL STORES
      $5,835,000
      Change: +76% Conversion: Moderate
      OFFICE BUILDING
      $5,505,000
      Change: +66% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,450,000
      Change: +34% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.7766
    Latitude
    43.0169
    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
    2023
    $101,539
    $0.00
    $0.00
    $3,068,700
    -
    $0.00
    $0.00
    $6,137,400
    More about this property
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