Contact Property

640 Leffingwell Avenue NE

Off-Market

640 Leffingwell Avenue NE, Grand Rapids, MI 49505

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  • Property Type Industrial - Manufacturing
  • Property Size 52,256 SF
  • Lot Size 9 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1971

Location

  • Walk Score ® Car-Dependent (15)
  • Transit Score ® Minimal Transit (21)
  • 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

3.85 miles

BP

0.89 miles

Meijer Gas Station

1.73 miles

Speedway

1.78 miles

Citgo

1.99 miles

Shell

2.00 miles

Speedway

2.00 miles

BP

2.16 miles

Family Fare Quick Stop

2.17 miles

U Save Mart

2.20 miles

Speedway

2.28 miles

MDOT Park & Ride - Kentwood

0.53 miles

Woodward Lot

1.49 miles

Plymouth Lot

1.63 miles

Bukowski Lot

1.64 miles

East Albertus Lot

1.70 miles

Mayfield Lot

1.77 miles

Eastown Hub Parking Lot

2.03 miles

Ethel Parking Lot

2.06 miles

Congress Elementary Parking Lot

2.46 miles

Wealthy Market's Parking

2.54 miles

Fugi Yama

1.27 miles

Zesty Gyros

1.51 miles

Spoonlickers

1.51 miles

Rose's

1.52 miles

El Burrito Loco

1.52 miles

Thai Chef

1.55 miles

Golden Wok

1.58 miles

Wendy's

1.58 miles

Kitchen 67

1.59 miles

Wok & Mortar

1.62 miles

D&W

1.61 miles

Meijer

1.67 miles

Family Fare

1.90 miles

Aldi

1.91 miles

D & W Fresh Market

1.97 miles

Fulton Street Farmer’s Market

2.15 miles

Family Fare

2.15 miles

Wealthy Market

2.52 miles

D&W Fresh Market

2.97 miles

Forest Hills Foods

2.98 miles

Spectrum Health Heart and Vascular Center

0.27 miles

OAM NOW Urgent Orthopaedic Care

0.71 miles

Grand Valley Surgical Center

0.72 miles

Grand Valley Pharmacist

0.72 miles

Mercy Health Urgent Care - East Beltline

1.22 miles

Health Point Medical

1.31 miles

Leonard Street Fire Station

1.56 miles

Rite Aid

1.71 miles

Grand Rapids Township Fire Station 1

1.73 miles

Blodgett Hospital

1.75 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 22 Feb, 2018
  • 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 $17,670
  • Market Value* $683,913
  • Assessed Value $683,913

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 640 Leffingwell Avenue NE?

640 Leffingwell Avenue NE totals 52,256 square feet.

When was this property built?

640 Leffingwell Avenue NE was built in 1971.

When was 640 Leffingwell Avenue NE last sold?

640 Leffingwell Avenue NE was last sold on 22 Feb, 2018.

What is the property tax for 640 Leffingwell Avenue NE?

The property tax for 640 Leffingwell Avenue NE in 2022 was $17,670.

What is the market value for 640 Leffingwell Avenue NE?

The market value* for 640 Leffingwell Avenue NE in 2022 was $683,913.
*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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