Financial
Distress signals
Property profile

4060 29th SE St Kentwood, MI 49512

OFF-MARKET
Other commercial real estate
Property ID
US43-0508164
5,906 SF 1.14 ac lot Built 1994
Last sale Apr 2024 · $875,000
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.
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Property summary

AI-generated overview

The property is a commercial retail space comprising approximately 6,045 square feet. It is located on 29th Street SE in Grand Rapids, Michigan.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$11k
Tax billed · 2019
Assessed value · 2023$331k
Effective rate3.44%

Value estimate

· Sep 2026
$875k
$788k – $963k
AI approach$875k
CAP approach$1.01M
Submarket $/SF estimate$603k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$55 – $165
Qualifying comparables13

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?
C2
The uses permitted by special land use approval in the C-2 community commercial, C-4 office and C-5 neighborhood corridor commercial dist...
General categoryCOMMERCIAL
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.6
HVAC Service10.7
Convenience Store10.0

Location

4060 29th SE St Kentwood, MI 49512-1900
County assessor Recorded deeds · 12 transfers 13 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
4860 Broadmoor SE, Kentwood, MI 49512-5306 $520,000 Nov 2024 5,380 SF
3555 32nd SE, Kentwood, MI 49512-1867 $335,000 Aug 2023 7,560 SF
5441 36th SE, Grand Rapids, MI 49512-2015 $1,095,000 Jan 2023 5,364 SF
4417 Broadmoor SE, Kentwood, MI 49512-5367 $1,075,000 Sep 2022 6,520 SF
4340 Broadmoor SE, Kentwood, MI 49512-3937 $1,900,000 Jun 2022 5,270 SF
4530 36th SE, Kentwood, MI 49512-1918 $1,392,351 May 2022 7,040 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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