2147 Health DrWyoming, MI 49519

  • Commercial real estate
  • 22,515 SF
For Sale
$6,250,000 View listing

Property Details for 2147 Health Dr

Year built
2006
Lot size
2.32 AC
Property size (Sq ft)
22,515 SF
Zone code
PUD3
Property type
Commercial real estate
APN
41-17-34-376-024
APU
411734376024

Description

This exceptional Class A medical office building, situated at 2147 Health Dr SW in Wyoming, Michigan (Kent County, zip code 49519), presents a compelling investment opportunity. The single-tenant, 22,515 square foot building, constructed in 2006, features a striking two-story atrium lobby complete with a water feature, creating an inviting atmosphere. The building's modern aesthetic is highlighted by a blend of brick, glass, and steel construction, complemented by a convenient covered patient drop-off area. The property sits on a 2.286-acre lot and is zoned PUD-3. Ample parking is provided, with a ratio of 5 spaces per 1,000 square feet. The asking price is $6,250,000, translating to a price per square foot of $277.59. The property is offered with a triple net (NNN) lease. This freestanding building is ideally located near the University of Michigan's West Campus, offering excellent visibility and accessibility. The building's high-quality construction and desirable location make it an attractive investment for discerning buyers seeking a stable, high-performing medical office asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,902,764
    Hospitality
    $2,658,916
    Educational
    $2,212,188
    Medical
    $2,288,268
    Retail
    $3,441,180

Location Insight

City
Wyoming
County
Kent
State
Michigan
Latitude
42.8603
Longitude
-85.7175
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
$147,477
-
-
$2,694,500
-
-
-
$5,389,000

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