Property profile

2575 Drake Rd Kalamazoo, MI 49006

OFF-MARKET
Commercial real estate
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Property ID
US43-2433542
37,082 SF 4.76 ac Built 1973
Last sale Dec 2023·$5,556,603
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$60k
Tax billed · 2019
Assessed value · 2023$1.80M
Effective rate3.32%

Value estimate

· Nov 2026
$5.74M
$5.16M – $6.31M
CAP approach$5.91M
Submarket $/SF estimate$3.72M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$81/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$36 – $100

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-4 MUL
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.9
Restaurant15.2
Hair Salon13.6

Location

2575 Drake Rd Kalamazoo, MI 49006-1358
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
811 Gorham, Kalamazoo, MI 49006-2707 $450,000 Jan 2024 19,862 SF
1201 Greenwood, Kalamazoo, MI 49006-6915 $765,000 Jun 2022 8,292 SF
1301 Greenwood, Kalamazoo, MI 49006-5922 $646,000 Jun 2022 20,474 SF
4525 Kl, Kalamazoo, MI 49006-6254 $641,725 Jan 2022 7,400 SF
708 Nichols, Kalamazoo, MI 49006-2805 $266,500 Nov 2021 5,360 SF
525 Arlington, Kalamazoo, MI 49006-3183 $1,050,000 Feb 2021 23,396 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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