Financial
Distress signals
Property profile

4147 Eastern Ave SE Grand Rapids, MI 49548

FOR SALE
Other commercial real estate
Property ID
US43-1152713
101,916 SF 11.11 ac lot Built 1963
Last sale Feb 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

4147 Eastern Ave SE is a 101,682 SF office building in the City of Wyoming. The building is arranged over two floors and is currently configured for data/call center use, with interior layout designed to be restructured for a range of office users. It includes a combination of open work areas, private offices, and conference rooms, and provides natural light around the building perimeter. On-site amenities include a fitness center and a cafeteria with grab-and-go service. The property includes…

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 · 2021

What does the county charge?
$184k
Tax billed · 2021
Assessed value · 2023$4.38M
Effective rate4.21%

Value estimate

· Sep 2026
$6.59M
$5.93M – $7.25M
Submarket $/SF estimate$6.59M
NOI build-up
Gross scheduled income$1.64M
Vacancy & credit loss−$368k
Operating expenses−$317k
NOI · 13.77% cap applied$950k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$89/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$49 – $133

Cap rate analysis

How does the asset earn?
13.77%
$950k 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?
I1
JurisdictionKENT

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 agency30.0
Dental Office24.1
Law Firm20.0

Location

4147 Eastern Ave SE Grand Rapids, MI 49548
County assessor Recorded deeds · 10 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
4501 Stauffer SE, Kentwood, MI 49508-5062 $300,000 Jan 2026 8,400 SF
5225 Eastern SE, Kentwood, MI 49508-6009 $1,925,000 Apr 2025 10,862 SF
2111 44th SE, Grand Rapids, MI 49508-5011 $3,500,000 Jan 2025 61,741 SF
3801 Eastern SE, Wyoming, MI 49508-2414 $750,000 Oct 2024 12,106 SF
4809 Eastern SE, Kentwood, MI 49508-4729 $50,000 Mar 2024 8,800 SF
51 76th SE, Grand Rapids, MI 49508-7273 $750,000 Jul 2023 10,742 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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