Property profile

1820 S Westnedge Ave Kalamazoo, MI 49008

FOR SALE
Commercial real estate
Saved · see the list in your Dashboard
Property ID
US43-2434623
3,585 SF 0.51 ac
Last sale Oct 2021·$475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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?
$10k
Tax billed · 2019
Assessed value · 2023$217k
Effective rate4.39%

Value estimate

· Nov 2026
$475k
$428k – $523k
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$4k
Operating expenses−$12k
NOI · 8.00% cap applied$36k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 261 recorded sales of this use type
Observed band · Q1–Q3$39 – $124
Qualifying comparables12

Cap rate analysis

How does the asset earn?
8.00%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
CC - Commercial, Community CCBD - Commercial Central Business CBTR - Commercial, Business, Technology and Research 2022-06-15 All commerc...
General categoryMIXED_USE
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant24.7
Realty agency19.4
Building Supply18.2

Location

1820 S Westnedge Ave Kalamazoo, MI 49008
County assessor Recorded deeds · 3 transfers 12 qualifying comp sales 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
2419 Parkview, Kalamazoo, MI 49008-3927 $26,501 Oct 2022 2,940 SF
3402 Westnedge, Kalamazoo, MI 49008-2970 $320,000 Oct 2022 2,802 SF
3408 Westnedge, Kalamazoo, MI 49008-2970 $150,000 Aug 2022 3,690 SF
755 Buchanan, Kalamazoo, MI 49008-3163 $550,000 Apr 2022 3,840 SF
1912 Whites, Kalamazoo, MI 49008-2842 $290,000 Jan 2022 2,978 SF
4205 Westnedge, Kalamazoo, MI 49008-3207 $215,000 Oct 2020 3,610 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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