3850 Alpine AveComstock Park, MI 49321

Property Details for 3850 Alpine Ave

Year built

2013

Lot size

2.81 AC

Property size (Sq ft)

13,112 SF

Zone code

C-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

41-09-36-301-041

APU

410936301041

Description

This exceptional 2,301-square-foot commercial space, located at 3850 Alpine Avenue NW in Comstock Park, Michigan, presents a unique opportunity for retail or restaurant businesses. Situated in a high-traffic area of Kent County, this single-tenant property boasts a highly desirable location directly across from a Walmart and Sam's Club, ensuring significant visibility and foot traffic. The property is also conveniently located near other established businesses including Verizon, Firehouse Subs, and Sherwin Williams, creating a synergistic retail environment. The building's C-2 zoning allows for a variety of commercial uses. The entire 2,301 square feet is currently vacant and ready for immediate occupancy. Previous use was a restaurant, and existing restaurant equipment, including hoods and coolers, may be available for the new tenant. The property benefits from its proximity to the Yorktown Apartments, providing a strong residential base for potential customers with direct access to the plaza. The property's APN is 41-09-36-301-041 and the zip code is 49321. This is an ideal location for businesses seeking high visibility, strong demographics, and convenient access to major retailers and residential areas. Don't miss this chance to establish your business in a thriving commercial hub.

• CAP approach

  CAP return

  Valuation

  6%

  $3,520,376

  6.5%

  $3,249,578

  7%

  $3,017,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,303,752

  Geo Method

  $4,303,752

• Alternative Use

  Use

  Valuation

  Residential

  $2,741,140

  Hospitality

  $2,510,870

  Educational

  $2,089,014

  Medical

  $2,160,859

  Retail

  $3,249,578

Location Insight

City

Comstock Park

County

Kent

State

Michigan

Latitude

43.0337

Longitude

-85.6886

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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