4687 Alden Nash AveLowell, MI 49331

  • Industrial land
  • 59.47 AC
For Lease
$6.50/SF/YR View listing

Property Details for 4687 Alden Nash Ave

Lot size
59.47 AC
Zone code
IPUD
Property type
Industrial land
APN
41-20-28-200-029
APU
412028200029

Description

This exceptional 237-acre parcel presents a unique investment opportunity within the planned Covenant Business Park in Lowell Township, Kent County. Strategically located at the I-96 and Alden Nash Avenue SE interchange, this property boasts prominent frontage on I-96, Alden Nash Avenue SE, and Cascade Road SE, ensuring high visibility and accessibility. The land is zoned Planned Unit Development (PUD) and is fully serviced with utilities, simplifying development. This site is ideal for large-scale industrial and commercial projects. A significant portion, approximately 30 acres, is specifically designated for retail and commercial development along Alden Nash Avenue SE. The expansive acreage allows for the construction of a substantial distribution center, with the potential to accommodate a building exceeding one million square feet. The Build-to-Suit option offers flexibility for developers and businesses seeking a customized solution tailored to their specific needs and operational requirements. This prime location, combined with its zoning and utility access, makes this a rare and highly desirable development opportunity within a rapidly growing area. The property's size and strategic location make it an exceptional investment for long-term growth and profitability. This is a chance to be part of a thriving business park development in a key location with excellent transportation links.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $185,493,152
    Hospitality
    $169,910,720
    Educational
    $141,363,728
    Medical
    $146,225,440
    Retail
    $219,899,136

Location Insight

City
Lowell
County
Kent
State
Michigan
Latitude
42.8806
Longitude
-85.3762
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$6,412
-
-
$267,200
-
-
-
$534,400

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