Property profile

5181 Lake Michigan Dr Allendale, MI 49401

FOR SALE
Drive through restaurants
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Property ID
US43-4278666
2,098 SF 0.85 ac
Last sale Mar 2019·$2,143,620
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 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 · 2022

What does the county charge?
$19k
Tax billed · 2022
Assessed value · 2023$485k
Effective rate3.85%

Value estimate

· Nov 2026
$2.16M
$1.94M – $2.37M
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 0.99% cap applied$23k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
0.99%
$23k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency14.6
Law Firm14.5
Building Supply13.7

Location

5181 Lake Michigan Dr Allendale, MI 49401
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4965 Lk Michigan, Allendale, MI 49401-8482 $1,800,000 Jul 2025 24,731 SF
4842 Lk Michigan, Allendale, MI 49401-9475 $1,525,000 Jun 2025 3,624 SF
11221 Commerce, Allendale, MI 49401-8222 $437,000 Feb 2025 2,720 SF
11299 68th, Allendale, MI 49401-9739 $150,000 Aug 2022 1,517 SF
6065 Lk Michigan, Allendale, MI 49401-9106 $1,200,000 Feb 2022 3,971 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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