Financial
Distress signals
Property profile

3131 Woodland SE Dr Kentwood, MI 49512

OFF-MARKET
Other commercial real estate
Property ID
US43-1853993
92,787 SF 11.33 ac lot Built 1988
Last sale Jan 2023 · $4,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This shopping center retail property is a department-store building that has operated as a Kohl’s location since 1988 and is situated on an interior pad within Woodland Mall. The mall is a 1,170,000 sq. ft. enclosed regional shopping center in Kentwood, Michigan, with the tenant mix anchored by Von Maur, JCPenney, Macy’s, and Phoenix Theater, and with additional national retail and dining tenants including Apple and The Cheesecake Factory. The Kohl’s lease has included extension provisions covering the remainder of the primary term through January 31, 2029.

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?
$114k
Tax billed · 2019
Assessed value · 2023$2.28M
Effective rate5.01%

Value estimate

· Sep 2026
$3.93M
$3.54M – $4.32M
Submarket $/SF estimate$5.08M

Realmo valuation models over county records.

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

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?
C3
the community and surrounding neighborhoods; C-3 regional commercial district providing commercial goods and services of a regional natur...
General categoryCOMMERCIAL
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.7
Realty agency10.9
Convenience Store10.1

Location

3131 Woodland SE Dr Kentwood, MI 49512-1673
County assessor Recorded deeds · 3 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
2995 28th SE, Kentwood, MI 49512-1648 $750,000 Apr 2025 9,200 SF
5036 Falcon Vw SE, Kentwood, MI 49512-5404 $1,600,000 Jan 2025 16,896 SF
4630 Danvers SE, Kentwood, MI 49512-4019 $487,500 May 2024 10,800 SF
3010 Shaffer SE, Kentwood, MI 49512-1773 $702,082 Jul 2023 19,200 SF
3400 Innovation SE, Grand Rapids, MI 49512-2085 $2,200,000 Dec 2022 30,904 SF
2454 28th SE, Grand Rapids, MI 49512-1615 $1,025,000 Aug 2022 10,138 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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