Property profile

6155 Paris SE Ave Caledonia, MI 49316

OFF-MARKET
Industrial properties
Property ID
US43-0814240
7.6 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 90,450-square-foot industrial property, situated at 6155 E Paris Ave SE in Caledonia, Michigan, presents a unique leasing opportunity. Built in 2022, this single-story building offers a variety of spaces, with a minimum divisible area of 16,364 square feet and a maximum contiguous space of 23,474 square feet. Currently, 39,838 square feet is available for lease. The property boasts impressive features including 28' and 24' ceiling heights, enhancing functionality and storage capacity. Loading and unloading are facilitated by four loading docks and three drive-in doors. Ample parking is provided with 51 spaces. The building is equipped with robust power: 200 amps, 480 volts, 3-phase. The property sits on a 7.61-acre lot and is zoned I-1, Light Industrial. Its location in the Airport District of Kent County (APN: 41-22-02-200-018, zip code 49316) offers excellent access to transportation and infrastructure. The property is suitable for various industrial uses, including manufacturing, flex, warehouse, distribution, food processing, mixed-use, light industrial, office showroom, and research & development. This move-in ready space is ideal for businesses seeking a modern, efficient, and well-equipped facility.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 7.6 ac (331,056 SF)
Zoning code I1-LIGHT IND
APN 41-22-02-200-018
UPID US43-0814240

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
  • Electronics & Wireless Store

Location

6155 Paris SE Ave Caledonia, MI 49316-9750
Caledonia metro Census 14808 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2020
Last sale
$836,000
3 recorded transactions
2021
Price N/A
2020
$836,000
2020
$210,000

Zoning & alternative use

I1-LIGHT IND · 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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