Financial
Distress signals
Property profile

4160 Lk Michigan NW Dr Grand Rapids, MI 49534

OFF-MARKET
Other commercial real estate
Property ID
US43-1715165
5,187 SF 0.27 ac lot Built 1957
Last sale Jan 2004 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A vacant 1,260-square-foot office suite is located on Lake Michigan Drive NW within a property associated with 4160–4162 Lake Michigan Drive NW. The space is configured as commercial office use and previously operated as an insurance agency. The property is zoned SDD and is part of an established Lake Michigan Drive NW corridor, with the suite presented as a defined office unit for occupancy by a commercial office user.

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?
$6k
Tax billed · 2021
Assessed value · 2023$237k
Effective rate2.67%

Value estimate

· Sep 2026
$250k
$225k – $275k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$88/SF
Submarket average, outlier-cleaned · 377 recorded sales of this use type
Observed band · Q1–Q3$44 – $138
Qualifying comparables14

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?
SDD
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.1
Dental Office14.5
Building Supply12.5

Location

4160 Lk Michigan NW Dr Grand Rapids, MI 49534-7835
County assessor Recorded deeds · 2 transfers 14 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
2501 Wilson NW, Grand Rapids, MI 49534-7508 $425,000 Sep 2019 6,043 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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