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    530 S Riverview Dr Kalamazoo, MI 49004

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    For Sale
    $1,228,235

    Dollar General NNN lease property for sale in Parchment, MI.

    Property size:
    9,578 SF
    Lot size:
    1.11 Acres

    Property Features for 530 S Riverview Dr

    General Information

    Size
    9,578 SF
    Lot size
    1.11 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dollar General in Parchment, MI

    The property is a Dollar General located at 530 South Riverview Drive, Parchment, Michigan 49004. It features approximately 9578 rentable square feet of building space on an estimated 1.17-acre parcel of land. The Dollar General is subject to a 20-year Triple Net (NNN) lease, commencing upon the close of escrow. The annual rent is $104,400, with scheduled increases in options.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.570459
    Latitude
    42.322393

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    FAQs

    What type of property is this?
    Storefront property - Dollar General NNN lease property for sale in Parchment, MI.
    Where is this storefront property located?
    The property is located at 530 S Riverview Dr Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $1,228,235.
    What are key features of this property?
    This property features: - 20-year Triple Net (NNN) lease commencing upon close of escrow.; - Annual rent of $104,400.; - Scheduled rent increases in options.
    (332) 345-2408
    Request Owner's contact information
    530 S Riverview Dr Kalamazoo, MI 49004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    530 S Riverview Dr Kalamazoo, MI 49004
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