Realmo Analytics
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Entity Owned Property summary
This exceptional investment opportunity presents a recently renovated, multi-tenant industrial warehouse located at 728 McKendrick St SW, Grand Rapids, MI 49503. The 15,464 square foot building sits on a 0.87-acre lot (APN: 41-17-01-355-010) and is zoned SD-IT. Boasting 18-20 foot ceiling heights, the property features one loading dock and four 14-foot drive-in doors, providing ample access for various industrial uses. The building also offers significant on-site parking and outdoor storage… space. Recent improvements have enhanced functionality and desirability, making it attractive to a wide range of tenants. Currently, leases are all less than two years in length, with average modified gross rents of $7.21 per square foot, presenting a strong opportunity to increase net operating income (NOI) in the coming years. Estimated annual expenses are $28,000. The property includes 200 amp, 480v, 3-phase power. Its prime location offers incredible access to the US-131 & Burton Street interchange, enhancing its logistical advantages. The asking price is $1,295,000 ($83.74 per square foot). This is a rare chance to acquire a well-maintained, multi-tenant industrial property in a thriving Grand Rapids location with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2021
Value estimate
· Nov 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 14,400 SF
- Lot area
- 0.87 ac
- Year built
- 1929
- Stories
- 1
- APN
- 41-17-01-355-010
- Zoning
- SD-IT
- Assessed value · 2023
- $353,000
- Annual tax · 2021
- $13,529
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The Industrial-Transportation Districts (IT) are established to reflect the goals and objectives of the Master Plan for a wide range of light industrial and manufacturing uses, heavy manufacturing and processing of raw m…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Still being built. It lands here next, beside the two above.
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