1033 Freeman Avenue SW

Off-Market

1033 Freeman Avenue SW, Grand Rapids, MI 49503

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 155,933 SF
  • Lot Size 12.3 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1964

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Grand Rapids

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Grand Rapids Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $23.00
  • 2022 Office Vacancy Rate 15.06%
  • 2022 Office Completions (SF) 331,938
View more Grand Rapids market trends

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent
  • Transit Score ®

    30/100 Some Transit
  • Bike Score ®

    38/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Black Hills
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    1.47 miles

  • 4STAR

    0.56 miles

  • Marathon

    1.07 miles

  • Speedway

    1.09 miles

  • Citgo

    1.19 miles

  • Pacific Pride

    1.36 miles

  • BP

    1.45 miles

  • Mobil

    1.52 miles

  • Mobil

    1.53 miles

  • Mobil

    1.54 miles

  • Clark

    1.65 miles

  • Overflow Parking

    1.25 miles

  • Lot Two

    1.26 miles

  • Lot One

    1.40 miles

  • Watson Lot

    1.43 miles

  • Seidman Lot

    1.54 miles

  • Area 6A

    1.62 miles

  • Grand Valley State University Pew Campus Parking

    1.67 miles

  • Museum Parking

    1.75 miles

  • Area 2

    1.75 miles

  • Cherry St. Parking

    1.77 miles

  • Taco Bell

    0.54 miles

  • Tacos El Cuñado

    0.71 miles

  • McDonald's

    1.38 miles

  • Concessions

    1.39 miles

  • Subway

    1.41 miles

  • Little Caesars

    1.48 miles

  • Adobé In & Out

    1.54 miles

  • Subway

    1.55 miles

  • Bistro Bella Vita

    1.73 miles

  • One Twenty Three Tavern

    1.75 miles

  • Grand Central Market

    1.99 miles

  • Bridge Street Market

    2.03 miles

  • ALDI

    2.22 miles

  • Wealthy Market

    2.78 miles

  • Family Fare

    2.84 miles

  • Ken's Fruit Market

    3.00 miles

  • Fulton Street Farmer’s Market

    3.13 miles

  • Family Fare

    3.38 miles

  • Creston Market

    3.49 miles

  • Meijer

    4.06 miles

  • Franklin Street Fire Station

    1.36 miles

  • Division Avenue Fire Station

    1.71 miles

  • Cherry Health - Heart of the City Health Center

    1.88 miles

  • Grand Rapids Police Department

    1.98 miles

  • Mercy Health Saint Mary's

    1.98 miles

  • Bridge Street Fire Station

    2.00 miles

  • LaGrave Avenue Fire Station

    2.05 miles

  • Rite Aid

    2.21 miles

  • The Women's Center

    2.37 miles

  • Spectrum Health Butterworth Hospital

    2.42 miles

Frequently Asked Questions

What is the total square footage of 1033 Freeman Avenue SW?

1033 Freeman Avenue SW totals 155,933 square feet.

When was this property built?

1033 Freeman Avenue SW was built in 1964.

What is the property tax for 1033 Freeman Avenue SW?

The property tax for 1033 Freeman Avenue SW in 2023 was $241,871.

What is the market value for 1033 Freeman Avenue SW?

The market value* for 1033 Freeman Avenue SW in 2023 was $9,385,742.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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