Property summary
This exceptional 55,339-square-foot industrial property, located at 5199 68th Street SE in Caledonia, Michigan, presents a unique opportunity for businesses seeking a modern and efficient warehouse space. Built in 2020, this single, two-story building sits on an expansive 11.84-acre lot (515,690 square feet) and boasts a prominent 1,200-foot frontage on 68th Street SE. The property features 8 loading docks and 8 dock-high doors, ensuring seamless logistics. High ceilings (24'-26') provide ample vertical space, complemented by 80 total parking spaces for employees and visitors. The building is fully air-conditioned and offers significant power capacity with 1,600 amps of 480v/3-phase power. The property is zoned for light industrial use and includes a substantial 2,610 square feet of newly constructed office space. Key features include a state-of-the-art security system, dual fiber connectivity, and energy-efficient LED lighting and air circulation fans. This fully built-out space is immediately available and strategically located in the Crossroads Commerce Center, near the intersection of M-6 and M-37, providing excellent access to the entire West Michigan market. The property's APN is 41-23-06-451-048, and it is located in Kent County, Michigan, zip code 49316. This is a rare opportunity to secure a prime industrial space in a thriving location.
Property profile
VerifiedCap rate & NOI
Current use
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Warehouse & Storage
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Warehouse & Storage
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RR · Caledonia, MIZoning
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Zoning designation
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