2055 Oak Industrial Drive NE
2055 Oak Industrial Drive NE, Grand Rapids, MI 49505
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- Property Type Industrial - Manufacturing
- Property Size 26,022 SF
- Lot Size 2 Acre
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1967
- Walk Score ® Car-Dependent (20)
- Transit Score ® Some Transit (27)
- Bike Score ® Somewhat Bikeable (20)
- City Grand Rapids, MI
- Neighborhood Michigan Oaks
- Zip Code 49505
- Market Grand Rapids
Points of Interest
Grand Rapids Supercharger
Walker, MI Supercharger
LaFontse Gallery Lot
Sneden Hall Parking Ramp
Lake Michigan Academy's Parking
Stauffer Street Trailhead
Wing Street Trailhead
Cascade Peace Park Entrance Parking
Wealthy Street Station
Buffalo Wild Wings
Buffalo Wild Wings
Fulton Street Farmer’s Market
Grand Central Market
Forest Hills Foods
OAM NOW Urgent Orthopaedic Care
Leonard Street Fire Station
Spectrum Health Heart and Vascular Center
Spectrum Health Long-Term Care
Chester Street Fire Station
East Grand Rapids Public Saftey
Grand Rapids Township Fire Station 1
Spectrum Health Butterworth Hospital
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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.
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
- Property Tax in 2022 $69,872
- Market Value* $2,704,354
- Assessed Value $2,704,354
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 2055 Oak Industrial Drive NE?
2055 Oak Industrial Drive NE totals 26,022 square feet.
When was this property built?
2055 Oak Industrial Drive NE was built in 1967.
When was 2055 Oak Industrial Drive NE last sold?
2055 Oak Industrial Drive NE was last sold on 30 Aug, 2019.
What is the property tax for 2055 Oak Industrial Drive NE?
The property tax for 2055 Oak Industrial Drive NE in 2022 was $69,872.
What is the market value for 2055 Oak Industrial Drive NE?
The market value* for 2055 Oak Industrial Drive NE in 2022 was $2,704,354.
*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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