3145 Prairie StGrandville, MI 49418

  • Office buildings
  • 21,750 SF
For Lease
$13/SF/YR View listing

Property Details for 3145 Prairie St

Year built
1988
Lot size
2.32 AC
Property size (Sq ft)
21,750 SF
Zone code
OS-1
Property type
Office buildings
APN
41-17-16-155-018
APU
411716155018

Description

This exceptional Grandville, MI office space, located at 3145 Prairie St SW, offers 10,451 square feet of immediately available space within a larger 21,750 square foot building. Ideal for businesses seeking a blend of executive and creative office environments, this property features a thoughtful layout. The design incorporates windowed private offices along the perimeter, creating a balance of individual workspaces and a central, open collaborative area. A significant advantage is the inclusion of a large, operable data room, a unique feature not commonly found. The space also benefits from its own private entrances and restrooms, enhancing privacy and convenience. Ample on-site parking is available in a large shared lot, eliminating parking concerns for employees and clients. The building, constructed in 1988, sits on a 2.32-acre lot in Kent County, providing a spacious and accessible location in the Grandville suburbs. This multi-tenant building presents a fantastic opportunity for a company seeking a well-appointed and functional office space with unique features and convenient amenities. The property is zoned for office use and offers immediate occupancy. The address is 3145 Prairie St SW, Grandville, MI 49418.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,972,483
    6.5%
    $3,666,908
    7%
    $3,404,986
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,832,938
    Geo Method
    $2,832,938
  • Alternative Use

    Use
    Valuation
    Residential
    $4,546,965
    Hospitality
    $4,164,996
    Educational
    $3,465,228
    Medical
    $3,584,402
    Retail
    $5,390,354

Location Insight

City
Grandville
County
Kent
State
Michigan
Latitude
42.9071
Longitude
-85.7423
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
$42,995
-
-
$1,054,100
-
-
-
$2,108,200

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