847 Parchment DrGrand Rapids, MI 49546

  • Commercial real estate
  • 15,256 SF
For Lease
$18.75/SF/YR View listing

Property Details for 847 Parchment Dr

Year built
1979
Lot size
2.49 AC
Property size (Sq ft)
15,256 SF
Zone code
C-2
Property type
Commercial real estate
APN
41-14-36-401-018
APU
411436401018

Description

This single-story, 17,500 square foot Class C office building, situated on a 2.49-acre lot in Kent County's Ada/Cascade submarket, presents a fantastic opportunity for businesses seeking flexible office space. Built in 1982 and extensively renovated in 2018, the property boasts freshly remodeled common areas and an updated exterior facade. The building offers multiple tenancies, with a minimum divisible space of 847 square feet and a maximum contiguous space of 2,115 square feet; currently, 4,062 square feet is vacant. Conveniently located off Cascade Road and I-96, this property provides excellent accessibility and ample on-site parking with 70 spaces. The building features an 8-foot ceiling height and is zoned for office use. The property's APN is 41-14-36-401-018. This is an ideal location for medical practices or other office users seeking a well-maintained, conveniently located space with easy highway access. The building's single-story design and ample parking make it highly accessible and user-friendly. The recent renovations ensure a modern and updated workspace. This property offers a blend of convenience, accessibility, and modern amenities in a desirable Kent County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,092,403
    Hospitality
    $1,000,635
    Educational
    $832,517
    Medical
    $861,148
    Retail
    $1,295,026

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9477
Longitude
-85.5602
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
$25,636
-
-
$838,800
-
-
-
$1,677,600

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