1002 Division AveGrand Rapids, MI 49507

  • Commercial land
  • 0.29 AC
For Sale
$307,000 View listing

Property Details for 1002 Division Ave

Lot size
0.29 AC
Zone code
TN-TBA
Property type
Commercial land
APN
41-14-31-351-058
APU
411431351058

Description

This exceptional 7,500 square foot build-to-suit retail opportunity is ideally situated on South Division Avenue, offering unparalleled visibility and accessibility. The property is zoned TN-TBA and presents a unique chance to construct a free-standing building perfectly tailored to your business needs. The site boasts convenient curb cuts on both Division and Delaware Avenues, ensuring easy ingress and egress for customers and employees. This single-tenant pad is located in an Opportunity Zone, providing potential tax advantages. The strategic location offers significant advantages, placing your business adjacent to a newly constructed Dollar Tree store and the popular Arvon Brewery, creating a synergistic environment and attracting a high volume of foot traffic. This prime location within the South Division corridor guarantees strong visibility and exposure to a dense population base. The vacant 7,500 square foot lot allows for complete design flexibility, enabling you to create a space that perfectly reflects your brand and operational requirements. This is a rare chance to establish a prominent presence in a thriving commercial area with significant growth potential. Don't miss this opportunity to secure a highly visible and strategically located retail space in a rapidly developing neighborhood. Contact us today to discuss your vision and explore the possibilities of this exceptional build-to-suit opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,595,429
    Hospitality
    $2,377,399
    Educational
    $1,977,968
    Medical
    $2,045,993
    Retail
    $3,076,839
1002 Division Ave, Grand Rapids, Michigan

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9456
Longitude
-85.6671
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
2021
$778
-
-
$18,200
-
-
-
$36,400

FAQs

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