This exceptional 46,462 square foot retail space is ideally situated at 2020 W Grand River Ave in Meridian Charter Township, Ingham County, Michigan, zip code 48864. The property boasts a prime location adjacent to major retailers such as Best Buy and Office Depot, ensuring high visibility and foot traffic. Its proximity to the Meridian Mall and only three miles from Michigan State University provides access to a large and diverse customer base. The single-tenant building offers ample on-site parking and multiple convenient points of ingress and egress, enhancing accessibility for both customers and employees. With over 20,000 vehicles passing daily on Grand River Avenue, this location benefits from strong traffic counts. Effective marketing is facilitated by large pylon and building signage opportunities. The property is surrounded by a vibrant retail environment, including well-established national brands like Taco Bell, Buddy's Pizza, Chick-fil-A, Walgreens, Meijer, Jimmy John's, Chipotle, Panera Bread, Pet Supplies Plus, Kroger, Target, Kohl's, The Home Depot, and Marshalls, creating a synergistic and attractive retail cluster. The property's APN is 33-02-02-21-226-015. This is a single-tenant storefront retail property. This presents a unique opportunity for a business seeking high visibility and a strong retail presence in a thriving Michigan market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$23,353,040
Hospitality
$21,391,258
Educational
$17,797,276
Medical
$18,409,352
Retail
$27,684,652
Location Insight
City
Okemos
County
Ingham
State
Michigan
Latitude
42.7233
Longitude
-84.4248
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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