4315 3 Mile RdWalker, MI 49534

  • Manufacturing properties
  • 71,798 SF
For Lease
$7.95/SF/YR View listing

Property Details for 4315 3 Mile Rd

Year built
1993
Lot size
8.51 AC
Property size (Sq ft)
71,798 SF
Zone code
ML
Property type
Manufacturing properties
APN
41-13-06-400-031
APU
411306400031

Description

This exceptional 82,806-square-foot industrial building presents a rare opportunity in West Michigan. Situated on 8.51 acres with convenient I-96 access, this precast concrete facility offers significant expansion potential, adding another 54,000 square feet for a total of 136,806 square feet. Originally constructed in 1993 and expanded in 2017 (including a new roof), this well-maintained property boasts a fully air-conditioned interior, ample manufacturing power, and impressive features. Four drive-in doors and one dock provide efficient loading and unloading, while 24-foot ceilings offer ample vertical space. Seven cranes (5 to 20-ton capacity) and compressor lines cater to diverse manufacturing needs. The building also includes 19,196 square feet of modern office space, divided between a 10,094-square-foot main floor and a 9,102-square-foot second floor accessible by elevator. The office area was renovated in 2019. Its versatile design suits manufacturers, warehouse operators, and various other industrial users, even allowing for a potential two-tenant configuration. This property is located in Kent County and is available for sublease or purchase.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,009,794
    Hospitality
    $13,748,890
    Educational
    $11,438,915
    Medical
    $11,832,317
    Retail
    $17,793,868
4315 3 Mile Rd, Walker, Michigan

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
43.0169
Longitude
-85.7766
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
2023
$101,539
-
-
$3,068,700
-
-
-
$6,137,400

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