3195 28Th StKentwood, MI 49512
- Commercial real estate
- 563,998 SF
Property Details for 3195 28Th St
- Year built
- 1969
- Lot size
- 31.75 AC
- Property size (Sq ft)
- 563,998 SF
- Zone code
- C3
- Property type
- Commercial real estate
- APN
- 41-18-10-478-009
- APU
- 411810478009
Description
Exceptional opportunity to acquire prime retail land at Woodland Mall in Kent County, Michigan. This 2.17-acre parcel offers unparalleled visibility and accessibility, situated at one of the region's busiest intersections. The property benefits from its location adjacent to REI and across from the recently opened Whole Foods, ensuring high foot traffic and strong consumer demographics. Woodland Mall itself is a dominant regional shopping destination, recently undergoing significant redevelopment. This redevelopment has attracted major national anchors including Von Maur, REI, The North Face, and the Cheesecake Factory, significantly enhancing the mall's appeal and drawing power. Further solidifying the mall's strength is the recent commitment by Phoenix Theaters to invest over $4 million in a 14-screen theater refurbishment, representing a significant post-pandemic investment and a strong indicator of the property's and regional economy's health. This is a rare opportunity to secure a pad site within this thriving retail environment, offering exceptional potential for a variety of commercial uses. The overall mall encompasses 1,170,000 square feet, providing a substantial draw for customers. Don't miss this chance to establish your business in a premier location with proven success and significant growth potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $40,384,960
- Hospitality
- $36,992,404
- Educational
- $30,777,248
- Medical
- $31,835,724
- Retail
- $47,875,720
Location Insight
- City
- Kentwood
- County
- Kent
- State
- Michigan
- Latitude
- 42.916
- Longitude
- -85.5883
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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