Financial
Distress signals
Property profile

1120 W Main St Lowell, MI 49331

FOR SALE
Commercial real estate
Property ID
US43-4280114
8,260 SF 1.31 ac lot Built 2013
Last sale Apr 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 8,260 square foot retail property is located at 1120 W Main St, Lowell, MI 49331. The single-story building offers a fantastic opportunity for multiple tenants in a thriving retail and restaurant setting. Situated on busy M-21 in the growing Grand Rapids submarket of Lowell, this location boasts exceptional visibility and high traffic counts. The property features prominent frontage and ample space for large pylon signage, ensuring maximum brand exposure. The building's design is

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?
$18k
Tax billed · 2019
Assessed value · 2023$398k
Effective rate4.60%

Value estimate

· Sep 2026
$825k
$743k – $908k
Submarket $/SF estimate$975k
NOI build-up
Gross scheduled income$128k
Vacancy & credit loss−$5k
Operating expenses−$37k
NOI · 857,460.00% cap applied$86k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
County average, outlier-cleaned · 593 recorded sales of this use type
Observed band · Q1–Q3$43 – $131
Qualifying comparables12

Cap rate analysis

How does the asset earn?
857,460.00%
$86k 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?
C3
General categoryCOMMERCIAL
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 Firm13.5
Building Supply12.4
Realty agency12.3

Location

1120 W Main St Lowell, MI 49331
County assessor Recorded deeds · 1 transfer 12 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
171 Vly Vis SE, Lowell, MI 49331-1537 $1,400,000 Dec 2025 7,068 SF
119 Lincoln, Lowell, MI 49331-1386 $365,000 Jun 2025 5,920 SF
885 O E Bieri Ind, Lowell, MI 49331-1909 $540,000 May 2024 5,640 SF
301 Main, Lowell, MI 49331-1609 $300,000 Feb 2024 6,240 SF
214 Main, Lowell, MI 49331-1712 $427,000 Aug 2022 5,313 SF
201 Main, Lowell, MI 49331-1711 $250,000 May 2022 5,468 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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