4525 Broadmoor AveGrand Rapids, MI 49512

  • Commercial real estate
  • 56,027 SF
For Lease
$9.50/SF/YR View listing

Property Details for 4525 Broadmoor Ave

Year built
1984
Lot size
4.42 AC
Property size (Sq ft)
56,027 SF
Zone code
I1
Property type
Commercial real estate
APN
41-18-25-101-003
APU
411825101003

Description

This Kent County property at 4525 Broadmoor Ave SE, Grand Rapids, MI 49512 offers three available industrial suites ideal for flex or R&D use. Two suites are currently available for lease, situated at the corner of 44th Street and Broadmoor Avenue SE. Each suite combines showroom/office space with warehouse facilities. Suite 4519 encompasses a total of 2,855 square feet, including 1,340 square feet of office space featuring an open collaborative area, three private offices, a conference room, and two restrooms. The accompanying 1,515-square-foot warehouse boasts a 12' x 14' drive-in door, 20-foot ceiling heights, a floor drain, and approximately 150 amps of power. Suite 4521 offers 2,992 square feet, with 1,992 square feet dedicated to office/showroom space, including a private sales office, showroom, and two restrooms. Its 1,000-square-foot warehouse features a 10' x 12' drive-in door and 20-foot ceiling heights. A third space of 1,971 square feet is also available. All spaces are available for occupancy on May 1, 2024. This multi-tenant property presents a unique opportunity for businesses seeking versatile and well-equipped industrial space in a prime Grand Rapids location. The property is classified as industrial with flex and R&D subtypes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,011,802
    Hospitality
    $3,674,789
    Educational
    $3,057,381
    Medical
    $3,162,529
    Retail
    $4,755,926
4525 Broadmoor Ave, Grand Rapids, Michigan

Location Insight

City
Kentwood
County
Kent
State
Michigan
Latitude
42.8819
Longitude
-85.5657
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
$65,256
-
-
$2,053,600
-
-
-
$4,107,200

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