2801 Oak Industrial Drive NE

Off-Market

2801 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 - Manufacturing
  • Property Size 32,708 SF
  • Lot Size 3.28 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1994

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

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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.

  • 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

Location

Getting Around

  • Walk Score ®

    13/100 Car-Dependent
  • Transit Score ®

    24/100 Minimal Transit
  • Bike Score ®

    21/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Michigan Oaks
  • Zip Code 49505
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    3.91 miles

  • BP

    0.78 miles

  • Meijer Gas Station

    1.62 miles

  • Speedway

    1.76 miles

  • Shell

    2.04 miles

  • Speedway

    2.05 miles

  • Citgo

    2.08 miles

  • BP

    2.15 miles

  • Family Fare Quick Stop

    2.16 miles

  • U Save Mart

    2.19 miles

  • Speedway

    2.34 miles

  • MDOT Park & Ride - Kentwood

    0.53 miles

  • Woodward Lot

    1.58 miles

  • Bukowski Lot

    1.71 miles

  • Plymouth Lot

    1.72 miles

  • East Albertus Lot

    1.79 miles

  • Mayfield Lot

    1.84 miles

  • Eastown Hub Parking Lot

    2.12 miles

  • Ethel Parking Lot

    2.15 miles

  • Congress Elementary Parking Lot

    2.53 miles

  • Wealthy Market's Parking

    2.62 miles

  • Fugi Yama

    1.16 miles

  • Zesty Gyros

    1.40 miles

  • Spoonlickers

    1.40 miles

  • El Burrito Loco

    1.41 miles

  • Thai Chef

    1.44 miles

  • Golden Wok

    1.47 miles

  • Wendy's

    1.47 miles

  • Kitchen 67

    1.48 miles

  • Rose's

    1.63 miles

  • Wok & Mortar

    1.73 miles

  • Meijer

    1.56 miles

  • D&W

    1.72 miles

  • Aldi

    1.80 miles

  • D & W Fresh Market

    1.86 miles

  • Family Fare

    1.97 miles

  • Family Fare

    2.14 miles

  • Fulton Street Farmer’s Market

    2.22 miles

  • Wealthy Market

    2.60 miles

  • Forest Hills Foods

    3.02 miles

  • D&W Fresh Market

    3.08 miles

  • Spectrum Health Heart and Vascular Center

    0.16 miles

  • OAM NOW Urgent Orthopaedic Care

    0.62 miles

  • Grand Valley Surgical Center

    0.63 miles

  • Grand Valley Pharmacist

    0.63 miles

  • Mercy Health Urgent Care - East Beltline

    1.10 miles

  • Health Point Medical

    1.20 miles

  • Leonard Street Fire Station

    1.53 miles

  • Grand Rapids Township Fire Station 1

    1.62 miles

  • Rite Aid

    1.82 miles

  • Blodgett Hospital

    1.86 miles

Frequently Asked Questions

What is the total square footage of 2801 Oak Industrial Drive NE?

2801 Oak Industrial Drive NE totals 32,708 square feet.

When was this property built?

2801 Oak Industrial Drive NE was built in 1994.

What is the property tax for 2801 Oak Industrial Drive NE?

The property tax for 2801 Oak Industrial Drive NE in 2022 was $65,164.

What is the market value for 2801 Oak Industrial Drive NE?

The market value* for 2801 Oak Industrial Drive NE in 2022 was $2,538,489.
*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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