2929 32Nd StKentwood, MI 49512

  • Industrial properties
  • 810,900 SF
For Lease
$4.95/SF/YR View listing

Property Details for 2929 32Nd St

Year built
1970
Lot size
44.70 AC
Property size (Sq ft)
810,900 SF
Zone code
I2
Property type
Industrial properties
Property subtype
Other industrial properties
APN
41-18-15-176-004
APU
411815176004

Description

This Kent County industrial property offers flexible space ideal for manufacturing or distribution needs. Two configurations are available: a 38,300 square foot space and a larger 42,780 square foot space. The building boasts impressive features including 18'6" to 25'6" ceiling heights, enhancing storage and operational efficiency. Loading is facilitated by two internal loading docks and one drive-in door, ensuring smooth and efficient material handling. The property includes approximately 6,592 square feet of office space, complete with private offices, an open office area, a break room, and a conference room. A large concrete mezzanine above the office area provides additional space. The warehouse benefits from updated LED lighting, significantly reducing energy costs. The building is equipped with a sprinkler system for fire safety and features 400 amp, 480-volt three-phase power, with the potential for upgrade to 600 amps, 480 volts, subject to feasibility and tenant requirements. The property is zoned for industrial use and is located in Kent County, offering excellent access to transportation networks and a skilled workforce. This is a rare opportunity to secure a well-equipped and strategically located industrial space. Minimum divisible space is 38,300 square feet, with a maximum contiguous space of 42,780 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $58,064,324
    Hospitality
    $53,186,612
    Educational
    $44,250,636
    Medical
    $45,772,484
    Retail
    $68,834,320
2929 32Nd St, Kentwood, Michigan

Location Insight

City
Kentwood
County
Kent
State
Michigan
Latitude
42.907
Longitude
-85.5982
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
2019
$188,394
-
-
$5,561,300
-
-
-
$11,122,600

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