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Property profile & analytics

4500 Remembrance NW Rd Grand Rapids, MI 49534-1122

  • Commercial real estate
  • 9,120 SF
  • 9.10 lot acres
OFF-MARKET
Last Sale
Jun 05, 2024
Value Estimations
$810,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1215356
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.

Current Use by Public Records

  • Walker RV Storage / Storage Facility
  • InstaCar / Car Dealership

Property Details for 4500 Remembrance NW Rd

Year built
1987
Lot size
9.10 lot acres
Property size
9,120 SF
Zone code
C-4
Property type
Commercial real estate
APN
41-13-07-176-009
APU
411307176009

Description

This exceptional commercial property, located at 4500 Remembrance Rd NW, Grand Rapids, MI 49534, presents a unique investment opportunity. The single-tenant building boasts a substantial 9,120 square feet of space, ideally suited for a variety of retail or automotive uses. Built in 1987, the property sits on a generous 8.92 acres of land, providing ample room for expansion or additional development. The zoning is Commercial, allowing for flexibility in potential uses. The building features office space and overhead doors, catering to the needs of a diverse range of businesses. Parking is a significant advantage, with capacity for 88 vehicles, ensuring convenient access for customers and employees. Extensive storage space is also available on-site. The property's strategic location near Wilson Ave and its proximity to major highways ensures high visibility and accessibility, contributing to its strong potential for success. The property's APN is 411307176009. This is a prime opportunity in the Walker submarket of Grand Rapids, Michigan. The property is conveniently located near major transportation routes, ensuring easy access for customers and employees. No elevators are present in the building.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $811,000
    Market price range: $401k - $1.26M
    AI Estimate
    $811,000
    Market price range: $401k - $1.26M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $800,000
    Current use
    RETAIL STORES
    $740,000
    Change: -7% Conversion: Easy
    OFFICE BUILDING
    $700,000
    Change: -13% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.7816
Latitude
43.01
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
2021
$17,957
$0.00
$0.00
$487,600
-
$0.00
$0.00
$975,200
More about this property
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