3531 Patterson AveKentwood, MI 49512
- Industrial land
- 0.63 AC
Property Details for 3531 Patterson Ave
- Lot size
- 0.63 AC
- Zone code
- R1-C
- Property type
- Industrial land
- APN
- 41-18-13-400-011
- APU
- 411813400011
Description
The Shops at PlaneView, located at the intersection of 36th and Patterson in Grand Rapids, Michigan, offers a unique investment opportunity in a thriving commercial area. This retail development is strategically positioned less than half a mile from Gerald R. Ford International Airport (GRR), providing unparalleled access to a high volume of travelers and airport employees. The property boasts nine available spaces ranging in size from 1,600 square feet to 42,689 square feet, catering to a variety of retail businesses. Its location within the closest retail node to the airport, situated on a heavily trafficked corridor in the main industrial node of the Grand Rapids Metropolitan Statistical Area (MSA), ensures high visibility and accessibility. This prime location is further enhanced by its proximity to a planned, large-scale industrial development, promising significant future growth and increased foot traffic. The property is zoned C-PUD, allowing for flexibility in tenant occupancy. The planned delivery date is slated for Winter 2024/Spring 2025, presenting a timely opportunity for businesses seeking to establish a presence in this rapidly expanding area. Multiple tenancy options are available, making it ideal for a variety of retail concepts. This development represents a compelling investment opportunity in a high-growth area with exceptional visibility and accessibility.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,952,591
- Hospitality
- $1,788,563
- Educational
- $1,488,063
- Medical
- $1,539,240
- Retail
- $2,314,765
Location Insight
- City
- Kentwood
- County
- Kent
- State
- Michigan
- Latitude
- 42.8989
- Longitude
- -85.5486
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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