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2033 Oak Industrial Drive NE

Off-Market

2033 Oak Industrial Drive NE, Grand Rapids, MI 49505

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

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 38,566 SF
  • Lot Size 4.11 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1977

Location

  • Walk Score ® Car-Dependent (21)
  • Transit Score ® Some Transit (27)
  • Bike Score ® Somewhat Bikeable (25)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Michigan Oaks
  • Zip Code 49505
  • Market Grand Rapids

Points of Interest

Grand Rapids

3.14 miles

Shell

1.21 miles

Shell

1.99 miles

Marathon

2.97 miles

Mobil

3.36 miles

Pacific Pride

3.79 miles

Meijer

4.31 miles

4STAR

4.77 miles

Mobil

5.52 miles

ChargePoint

5.93 miles

Grand Rapids Supercharger

6.00 miles

Eastown Hub Parking Lot

1.60 miles

Ramp 7

2.40 miles

Ramp 6

2.46 miles

Area 3

2.90 miles

Area 7

3.23 miles

Area 9

3.36 miles

Grand Valley State University Pew Campus Parking

3.38 miles

bus parking

4.04 miles

Parking Lot K

9.75 miles

Parking Lot A

9.80 miles

Mangiamo

1.72 miles

Wendy's

1.81 miles

Little Caesars

1.81 miles

Uncle Cheetah's Soup Shop

1.84 miles

Panera Bread

2.07 miles

Royals

2.24 miles

Big Boy

3.26 miles

Salvatore's

3.59 miles

twisters ice cream

3.85 miles

McDonald's

4.07 miles

Family Fare

1.26 miles

Fulton Street Farmer’s Market

1.49 miles

Bridge Street Market

3.38 miles

Big Lots

3.57 miles

Kohl's

4.13 miles

JCPenney

4.32 miles

Woodland Mall

4.34 miles

Meijer

4.40 miles

Von Maur

4.40 miles

Centerpointe Mall

4.61 miles

Leonard Street Fire Station

0.79 miles

Grand Valley Pharmacist

0.82 miles

Grand Valley Surgical Center

0.84 miles

OAM NOW Urgent Orthopaedic Care

0.85 miles

Spectrum Health Long-Term Care

1.07 miles

Blodgett Hospital

1.55 miles

Health Point Medical

1.64 miles

Rite Aid

1.71 miles

Chester Street Fire Station

1.84 miles

East Grand Rapids Public Saftey

1.93 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.

  • 2021 Avg. Asking Rent $21.65
  • 2021 Office Vacancy Rate 14.55%
  • 2021 Office Completions (SF) 329,230

Grand Rapids Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $163.26
  • Y-o-Y Avg. PpSF Change -17.52%
  • 2021 Office Sales Volume $31.7M
  • 2021 Number of Transactions 3
View more Grand Rapids market trends

Tax

  • Property Tax in 2022 $50,544
  • Market Value* $1,956,270
  • Assessed Value $1,956,270

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 2033 Oak Industrial Drive NE?

2033 Oak Industrial Drive NE totals 38,566 square feet.

When was this property built?

2033 Oak Industrial Drive NE was built in 1977.

What is the property tax for 2033 Oak Industrial Drive NE?

The property tax for 2033 Oak Industrial Drive NE in 2022 was $50,544.

What is the market value for 2033 Oak Industrial Drive NE?

The market value* for 2033 Oak Industrial Drive NE in 2022 was $1,956,270.
*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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