For Sale Multifamily Land -7.26 Acres - LoopNet

For more information, contact:

Craig Black, CCIM

616 242 1126 direct • [email protected]

616 915 4656 cell

Scott M. Nurski, MBA

616 242 1106 direct • [email protected]

616 460 7102 cell

100 Grandville Ave SW, Suite 100

Grand Rapids, MI 49503

The information contained herein has been given to us by the owner of the property or

other sources we deem reliable, we have no reason to doubt its accuracy, but we do not

guarantee it. All information should be verified prior to purchase or lease.

• Zoning per Future Land Use Map accommodates up to 72 multifamily housing units

• All utilities available (water must be extended from east side of East Beltline Ave)

• Easy access to Interstate 96—very marketable site for future residents

• Excellent demographics— very strong population density and median household

income!

• Top rated school district—Forest Hills Public Schools is rated as the best school

district in Grand Rapids, one of the top school districts in Michigan, and is nationally

ranked and was awarded a Silver Medal by U.S. News & World Report

• Only 2 minute drive to regional retail amenities, including Meijer Superstore, TJ Maxx,

Old Navy, Celebration Cinema, PF Chang’s, Panera Bread, Starbucks, and much more!

For Sale

Multifamily Land -7.26 Acres

East Beltline Ave

4 Mile Rd

100 Grandville Ave SW Suite 100

Grand Rapids, Michigan 49503

616 776 0100

naiglobalgreatlakes.com

Well located parcel with great development potential for multifamily

use. While the site is conducive to rental housing, it is ideally situated

to accommodate for sale condominium housing. This is a rare

opportunity to acquire high density residential land within the

desirable Forest Hills Public School district. Excellent demographics

support a wide range of potential residential product types and price

points. The property is located along a major north-south artery with

easy access to Interstate-96, and offers convenient access to

employment, shopping and entertainment opportunities. The parcel is

heavily wooded and currently comprised of rolling terrain. However,

the site has been examined by a civil engineer and it is possible to site

balance and level the terrain to support a multifamily development. In

addition, the property offers useable timber that could be sold to help

offset site clearing costs. The Grand Rapids Township future land use

map allows a housing density of 10 units per net usable acre via a

rezoning to PUD (Planned Unit Development), subject to additional

zoning constraints.

Location Adjacent to Kuyper College to the South off

the SB East Beltline, between 4 Mile Rd & 3

Acreage 7.26 Acres

Lot Dimensions 646’ x 502’ x 643’ x 505’

Zoning R-1/PUD-2

Topography Rolling Terrain

Wetlands None

US-131 10.7 miles

M-6 18 miles

I-196 7.5 miles

Downtown Grand Rapids 9.2 miles

Airport 12.2 miles

I-96 4 miles

Electric Consumers Energy

Telephone Numerous providers

Natural Gas DTE Energy

Sanitary Sewer City of Grand Rapids

Storm Sewer City of Grand Rapids

Water City of Grand Rapids

Price $1,650,000

Per Acre $227,272

Per Unit (@ 10 units/acre) $22,917*

Per Unit (@ 9.15 units/acre) $25,000*

* Zoning allows maximum 10 units/acres, subject to several limitations, including green space

requirements that will diminish allowable unit count, Civil engineer review determined that densitywill likely be 9.15 units/acre or lower when accounting for basic zoning constraints.

Municipality Grand Rapids Charter Township

PPN 41-14-03-426-088, 41-14-03-426-083

SEV (Combined) $0**

Taxable Value (Combined) $0**

Property Taxes (Combined $0**

** Currently owned by Not For Profit Entity that is exempt from paying property taxes.

Present Use 2 Vacant Single Family Homes (Abandoned-Of No Value)

Terms Cash/Conventional

Possession At Close

41-14-03-426-088

N 334.75 FT OF S 2308.75 FT OF THAT PART OF E 1/2 E 1/2 SE 1/4 LYING WLY OF WLY

LINE OF HWY M- 44 /EAST BELT LINE RELOCATED/ * SEC 3 T7N R11W 3.54 A.

41-14-03-426-083

THAT PART OF E 1/2 E 1/2 SE 1/4 LYING WLY OF WLY LINE OF HWY M- 44 /

EAST BELTLINE RELOCATED/ EX S 2308.75 FT * SEC 3 T7N R11W 3.72 A.



616 776 0100




616 776 0100


Planning Considerations

• The area is characterized by large institutional uses such as

Sunshine Church, Kuyper College (Formerly Reformed Bible

College) and Saint Luke’s Lutheran Church north of 4 Mile in

Plainfield Township.

• Robinette’s Apple Haus occupies the southwest corner. His

is a combination of commercial and agricultural use.

• The topography south of Robinette’s and Sunshine Church is

extremely hilly and wooded with some very low wetland

areas.

• Public utilities, water and sewer, extend only as far north as

Kuyper College.

• The land is zoned R-1, Single Family Residential.

• The East Beltline Plan calls for a continuation of Robinette

Property as Urban Agriculture, but if conversion occurs the

Plan recommends Low Density Residential in a crusting

arrangement. The East Beltline Plan recognizes Sunshine

Church and Kuyper College as Continuing institutional uses.



616 776 0100


Planning Considerations Continued

• The southeast corner of 4 Mile and the East Beltline is an

athletic field of about five acres owned by Sunshine Church.

Because of its location and low intensity use this property

could be split off from the church and converted to a more

intensive land use.

• The Plan recognizes that the land values along this portion of

the Beltline could, overtime, exceed the value of the buildings

and therefore be converted to more intensive uses.

• Any redevelopment of the land within Target Area 3 must

respect the existing single-family houses along Bird Avenue

• Development in this area should respect the existing steep

terrain, wetlands, ponds and preserve the existing trees along

the East Beltline to maintain a natural view.

• The Master Plan for Plainfield Township to the north of Four

Mile Road calls for a mix of office and moderate density

residential (3-4 units /acre) in a neo traditional form on the

west side of the Beltline with office and institutional uses

along the east side of the Beltline.

• The Whispering Pines subdivision south of Four Mile and

west of Bird consists of detached single family houses built in

the 1960’s, 1970’s and 1980’s with a density of 2.5 to 3

units per acre.

Kuyper College Recommendations

• The Plan recommends a continuation of this land use and allows for expansion to the

south as it becomes necessary. The current land use does contain an apartment-type

building, which is a dormitory, along with multi-story office buildings.

Should this property convert to something other than a college, a PUD-2 type

development, which would allow a higher density of up to 10 dwelling units per

acre, could be considered for this property.

• Given its relatively hidden location from the East Beltline and Bird Avenue, multi-family

dwellings on this property could be a viable option in light of the lack of apartment

units in the Township and the fact that good access is available from the East Beltline

and shopping opportunities exist to the south for future residents of this property.

Senior housing would also be suitable in this location.

• The Future Land Use Map, however, designates Kuyper College as Cultural &

Institutional as the current use is expected to continue for the foreseeable future.



616 776 0100


Population Density

• 1 Mile Ring: 4,506

• 3 Mile Ring: 41,334

• 5 Mile Ring: 120,922

3199 East Beltline Ave NE

3199 East Beltline Ave NE 3199 East Beltline Ave NE



616 776 0100






616 776 0100






616 776 0100






616 776 0100




616 776 0100


4 Mile Road



616 776 0100


196

196

96



616 776 0100


The Forest Hills Public School District was founded in 1956 when residents in 13

neighboring one-room schoolhouses consolidated into one district. Today the

district serves more than 10,000 students and consists of 18 schools, including

a Spanish Immersion and Environmental school. Forest Hills Public Schools

strives to provide all learners with opportunities to acquire the knowledge, skills,

and experiences necessary to build meaningful and productive lives.

In addition to helping students achieve individual potential, the district also

includes a Fine Arts Center, an aquatic center, senior center, and multiple other

facilities. There are approximately 174 high school courses offered in 12

departments, including 19 AP courses. 95% of the districts graduates pursue

post-secondary education helping them maintain their rating of the Number 1

School District in the Grand Rapids Area for the 2nd year in a row.

In 2018, the community approved a $130 million bond proposal to fund multiple

capital improvements over the next eight years. The district was also awarded

the Certificate of Excellence in Financial Reporting by the Association of Schools

Business Officials International due to their strong financial management.

Forest Hills Eastern High School

18 Schools

10,000+ Students

700 + Teachers

Source: Forest Hills Public Schools

1,400 + Employees

District Fast Facts:

• 8 schools boast an 8+ rating on GreatSchools.org

• The district encompasses 68 square miles

• Over 50 different languages are spoken as the primary

language for students attending FHPS

• Teacher/student ratio is 25:1

• A record number of students earning National Merit recognition

each year

• All of Forest Hills’ schools have made the Top 100 Schools in

Michigan list

• 95% of graduates pursue post-secondary education

• The district annually gains approximately 200-300 students

Fine Arts Center

District Rankings:

• No. 1 School District in Grand Rapids Area for the Second Year

in a Row

• No. 1 School District in Kent County for Teachers

• No. 2 School District for Athletes in Kent County

• No. 2 Safest School District in Kent County

• Top 10 School District in Michigan

• No. 27 School District in the Nation.

• A+ Overall District Grade

• All Three District High Schools Ranked Among the Top Public

Schools in Michigan and in the Nation

100 Grandville Ave SW, Suite 100

Grand Rapids, MI 49503

tel 616 776 0100

www.naiwwm.com

Documents

For Sale Multifamily Land -7.26 Acres - LoopNet