Property profile

5241 Edgeway Dr 2 Allendale, MI 49401

OFF-MARKET
Industrial properties
Property ID
US43-2224069
47,989 SF 3.91 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Total area 47,989 SF
Lot 3.91 ac (170,320 SF)
APN 70-09-24-335-002
UPID US43-2224069

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
  • Laboratory Mechanical Engineer
  • Metal Fabrication Plant Factory
  • Gym & Fitness Center

Location

5241 Edgeway Dr, Unit 2 Allendale, MI 49401-8470
Allendale metro Census 24401 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.93M
Blend (final) Blend
$2.94M

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

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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