Entity Owned Property summary
This 8,056 square foot freestanding retail building, formerly a Rite Aid, is ideally situated at 11 E Division Street in the heart of downtown Sparta, Michigan. Boasting excellent visibility from its corner location at the intersection of E. Division Street and N. State Street, this property offers significant exposure to high traffic volume. The building features 42 on-site parking spaces, ensuring ample customer convenience. A prominent pylon sign at the corner further enhances visibility… and brand recognition. Its strategic location provides easy access to M-37, and convenient ingress/egress points are available from both E. Division Street and N. State Street. This property benefits from a strong surrounding commercial environment, with nearby businesses including NAPA Auto Parts, ChoiceOne Bank, the United States Postal Service, Ace Hardware, Dollar General, and McDonald's, among others. The single-tenant configuration presents a unique opportunity for a variety of retail uses. The property's size, location, and amenities make it an attractive investment or lease opportunity in a thriving downtown area. The Kent County location (APN: 41-05-14-351-074) offers a stable and desirable market for retail businesses. This is a turnkey opportunity for a business seeking high visibility and convenient access in a well-established commercial district.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Sep 2026Realmo valuation models over county records and 12 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 $99/month
- GBA
- 8,052 SF
- Lot area
- 0.74 ac
- Year built
- 1993
- Stories
- 1
- APN
- 41-05-14-351-074
- Zoning
- VCBD
- Assessed value · 2023
- $337,500
- Annual tax · 2019
- $15,186
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
The mortgage data is behind the paid report: 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
