Property profile

5199 68th SE St Caledonia, MI 49316

OFF-MARKET
Warehouses
Property ID
US43-2003425
81,000 SF 11 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 81,000 SF
Lot 11 ac (479,160 SF)
Zoning code RR
APN 41-23-06-451-053
UPID US43-2003425

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
  • Warehouse & Storage
  • Warehouse & Storage

Location

5199 68th SE St Caledonia, MI 49316-9639
Caledonia metro Census 14811 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 2025
2 recorded transactions
2025
Price N/A
2021
Price N/A

Zoning & alternative use

RR · Caledonia, 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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