4669 Alpine AveComstock Park, MI 49321

Property Details for 4669 Alpine Ave

Year built

2004

Lot size

1.16 AC

Property size (Sq ft)

4,686 SF

Zone code

C-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

41-09-26-427-037

APU

410926427037

Description

This 1,000 square foot inline retail space is available for lease at 4669 Alpine Avenue NW in Comstock Park, Michigan (49321). Located on the busy Alpine Avenue NW corridor, this property offers excellent visibility and accessibility. The suite features ample on-site parking, prominent pylon and building signage, large storefront windows maximizing natural light and attracting customer attention, and convenient ingress/egress directly from Alpine Avenue NW. The high traffic counts in this area ensure significant potential customer exposure. The property benefits from a strong retail environment, with nearby established businesses including Culver's, Planet Fitness, Aldi, Menards, Olga's, IHOP, Sam's Club, and Panda Express. The current tenant is on a month-to-month lease, presenting an immediate opportunity for occupancy. The property's APN is 41-09-26-427-037, and it is situated in Kent County. This space is ideal for a variety of retail businesses seeking a high-traffic location with excellent visibility and convenient access. The property is classified as Multiple Tenancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,258,121

  6.5%

  $1,161,342

  7%

  $1,078,389

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,538,086

  Geo Method

  $1,538,086

• Alternative Use

  Use

  Valuation

  Residential

  $979,636

  Hospitality

  $897,341

  Educational

  $746,577

  Medical

  $772,253

  Retail

  $1,161,342

Location Insight

City

Comstock Park

County

Kent

State

Michigan

Latitude

43.0483

Longitude

-85.6903

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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