Industrial Properties
8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315
Details & Description
Price: $1,695,000
    This is an investment sale with a 5 year lease in place. - cap rate 6.2%/ Tenant is leasing back at $3.57SFTwo buildings - #1 - this building was built in 1991/1995 as a tool and die manufacturing facility. 23,668 SF pre-engineered steel construction with 5,800 SF of office, some of the office is upstairs which has passenger elevator access, 6 overhead doors, heavy power, high ceilings, crane ways, etc.Building #2 is a clear span, cold storage facility. 5,760 SF wood frame constructed storage facility. 2 overhead doors, 16' ceilings, fluorescent lighting, 3 phase electric and is not heated.
    Additional Photos
    Listing Agents
    Chadwick Versluis

    O: 616-242-1125
    M: 616-292-6710
    chadv@naiwwm.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    8505 Piedmont Industrial Park Drive Southwest

    Byron Center, MI 49315

    Listing ID: 232054
    • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 1
    • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 2
    • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 3
    • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 4
    • 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 | for Sale | Photo 5
    8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 1
    8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 2
    8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 3
    8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 4
    8505 Piedmont Industrial Park Drive Southwest | for Sale | Thumbnail 5
    Building Size: 29,428 SF
    Lot Size: 3.200 AC
    Land Size: 139,392 SF
    Building $/SF: $57.60
    Land $/SF: $12.16
    Price
    $1,695,000
    Description

    This is an investment sale with a 5 year lease in place. - cap rate 6.2%/ Tenant is leasing back at $3.57SF

    Two buildings - #1 - this building was built in 1991/1995 as a tool and die manufacturing facility. 23,668 SF pre-engineered steel construction with 5,800 SF of office, some of the office is upstairs which has passenger elevator access, 6 overhead doors, heavy power, high ceilings, crane ways, etc.

    Building #2 is a clear span, cold storage facility. 5,760 SF wood frame constructed storage facility. 2 overhead doors, 16' ceilings, fluorescent lighting, 3 phase electric and is not heated.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Grand Rapids History of Industrial Properties for Sale

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    Byron Center Area Market Trends

    Listing Demographics for 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,25724,86075,437
    Population Median Age393837
    Population by Age0-9 Yrs305 (13%)3467 (13%)10598 (14%)
    10-19 Yrs390 (17%)3871 (15%)10852 (14%)
    20-29 Yrs131 (5%)2538 (10%)10178 (13%)
    30-39 Yrs267 (11%)3169 (12%)10509 (13%)
    40-49 Yrs368 (16%)3242 (13%)9396 (12%)
    50-59 Yrs294 (13%)3086 (12%)9518 (12%)
    60-69 Yrs237 (10%)2848 (11%)7742 (10%)
    70+ Yrs265 (11%)2639 (10%)6644 (8%)
    Median HH Income$85,018$72,658$65,987
    Total Household Income< 24K101 (12%)978 (10%)3129 (11%)
    25-49K104 (13%)1936 (21%)6218 (23%)
    50-74K138 (17%)1680 (18%)6342 (23%)
    75-99K130 (16%)1457 (16%)3851 (14%)
    100-199K243 (30%)2381 (26%)6265 (23%)
    200K+73 (9%)470 (5%)1163 (4%)
    Highest Education LevelNo Diploma5711754546
    Diploma or GED396472714589
    Some College304363610999
    Assoc. Degree15117094922
    Bachelors Degree431378010665
    Higher Degree17614894400
    Total Housing Units8769,36127,991
    --Owner-Occupied7247,36420,140
    --Renter-Occupied641,5386,828
    Owner-Occupied Values< 100K279663812
    100-199K19826327568
    200-299K25120555504
    300-399K1518931865
    400-499K63475786
    500K+34342603
    Total Working Age Population1,66518,88957,735
    In Work Force1,11113,01540,835
    Not In Work Force5545,87416,900
    Workforce Employed1,09112,68339,476
    Workforce Unemployed203321,350
    Civlian Workforce1,11113,01540,826
    Military Workforce009
    Total Households7888,90126,968
    Family Households6436,71819,832
    Non-Family Households1452,1847,136
    Married Couple5545,37115,241
    Other Family891,3474,591
    Married w/Child2532,2906,386
    Single Male w/Child19257757
    Single Female w/Child245091,948

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Allegan County105,665+5111,408+8119,788+10132,040
    Kent County574,335+5602,622+11668,535+12746,921
    Ottawa County238,314+11263,801+12295,791+12331,723

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 8505 Piedmont Industrial Park Drive Southwest in Byron Center?
    The asking price for 8505 Piedmont Industrial Park Drive Southwest is $1,695,000
    What is the building size of this Industrial property in Byron Center, MI?
    The size of the building/unit at 8505 Piedmont Industrial Park Drive Southwest in Byron Center is 29,428 square feet
    How much land does the Byron Center, MI property at 8505 Piedmont Industrial Park Drive Southwest include?
    8505 Piedmont Industrial Park Drive Southwest in Byron Center includes 3.200 acres of land
    What kind of Industrial is the propery at 8505 Piedmont Industrial Park Drive Southwest?
    The property at 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 is listed as a Flex-Office-Warehouse Industrial property
    What is the population within 1 mile of 8505 Piedmont Industrial Park Drive Southwest in Byron Center?
    The population within 1 mile of 8505 Piedmont Industrial Park Drive Southwest Byron Center, MI 49315 is 2,257 people.
    Who do I contact for questions about 8505 Piedmont Industrial Park Drive Southwest?
    You should contact the listing agent, Chadwick Versluis, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    South Bend Regional Airport (SBN) 83
    MBS International Airport (MBS) 95
    General Mitchell International Airport (MKE) 112