4763 Wilson AveGrandville, MI 49418

Property Details for 4763 Wilson Ave

Year built

2004

Lot size

2.61 AC

Property size (Sq ft)

25,656 SF

Zone code

PUD

Property type

Strip malls

Property subtype

Neighborhood centers

APN

41-17-30-277-007

APU

411730277007

Description

This exceptional retail opportunity is located at 4763 Wilson Avenue SW in Grandville, Michigan, within Kent County (zip code 49418). The property is a strip center offering two available suites, ranging in size from 1,800 to 2,300 square feet. Its strategic location directly across from RiverTown Mall and near Grandville High School places it in the heart of Grandville's thriving commercial district. The property benefits from high visibility and accessibility via direct access to Wilson Avenue. Ample parking is available for customers and employees. The surrounding area boasts a strong presence of national retailers, including Costco, Best Buy, Duluth Trading, HomeGoods, and Home Depot, creating a robust and desirable commercial environment. This location ensures high foot traffic and excellent exposure for businesses seeking a prime retail space in a bustling community. The multiple tenancy setup offers flexibility for various business types. This property presents a unique chance to establish or expand a business in a high-traffic, well-established commercial area of Grandville. The property's proximity to major retailers and a high school guarantees a consistent flow of potential customers.

• CAP approach

  CAP return

  Valuation

  6%

  $6,888,253

  6.5%

  $6,358,387

  7%

  $5,904,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,421,069

  Geo Method

  $8,421,069

• Alternative Use

  Use

  Valuation

  Residential

  $5,363,538

  Hospitality

  $4,912,972

  Educational

  $4,087,534

  Medical

  $4,228,111

  Retail

  $6,358,387

Location Insight

City

Grandville

County

Kent

State

Michigan

Latitude

42.8783

Longitude

-85.7633

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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