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1033 Freeman Avenue SW

Off-Market

1033 Freeman Avenue SW, Grand Rapids, MI 49503

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

Location

  • Walk Score ® Car-Dependent (17)
  • Transit Score ® Some Transit (30)
  • Bike Score ® Somewhat Bikeable (38)
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

Marathon

2.44 miles

Exxon

2.68 miles

Sunoco

3.72 miles

Citgo

3.91 miles

Speedway

4.40 miles

Walker, MI Supercharger

5.33 miles

Citgo

5.76 miles

Shell

6.43 miles

Mobil

6.75 miles

Sam's Club

7.14 miles

Lot Two

1.26 miles

LaFontse Gallery Lot

2.72 miles

Bukowski Lot

3.65 miles

Lake Michigan Academy's Parking

4.66 miles

MDOT Park & Ride - Kentwood

5.74 miles

The Rapid Silverline Park & Ride

6.32 miles

Hager Park Parking

8.02 miles

Lot M

9.64 miles

Lot R

9.74 miles

Lot E

9.97 miles

Subway

1.41 miles

Monsoon Vietnamese Cuisine

1.99 miles

Big Apple Bagels

2.24 miles

Zoup!

2.38 miles

Erb Thai

2.73 miles

Villa Mia Pizza

3.10 miles

Pizza Hut

3.28 miles

Subway

4.19 miles

Peppermill Grill

4.66 miles

Uccello's

4.91 miles

Ken's Fruit Market

3.00 miles

Fulton Street Farmer’s Market

3.13 miles

D&W

4.18 miles

ALDI

4.35 miles

Target

4.83 miles

Family Fare

5.32 miles

JCPenney

5.34 miles

RiverTown Crossings

5.35 miles

Kohl's

5.43 miles

Target

5.46 miles

Grand Rapids Police Department

1.98 miles

Mercy Health Saint Mary's

1.98 miles

The Women's Center

2.37 miles

Spectrum Health Butterworth Hospital

2.42 miles

Covell Avenue Fire Station

3.10 miles

Spectrum Health Long-Term Care

3.69 miles

Blodgett Hospital

3.77 miles

Rite Aid

4.08 miles

Grandville Police

4.24 miles

Grandville Fire

4.27 miles

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Grand Rapids Office Market

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

  • 2020 Avg. Asking Rent $22.54
  • 2020 Office Vacancy Rate 11.83%
  • 2020 Office Completions (SF)
View more Grand Rapids market trends

Tax

  • Property Tax in 2022 $214,005
  • Market Value* $8,282,867
  • Assessed Value $8,282,867

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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 2022 was $214,005.

What is the market value for 1033 Freeman Avenue SW?

The market value* for 1033 Freeman Avenue SW in 2022 was $8,282,867.
*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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