Property profile

11255 1st NW Ave Grand Rapids, MI 49534

OFF-MARKET
Retail space
Property ID
US43-4223157
8,000 SF 1.3 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 8,000 SF
Lot 1.3 ac (56,628 SF)
APN 70-10-24-484-015
UPID US43-4223157

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Construction Company
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

11255 1st NW Ave Grand Rapids, MI 49534-3381
Grand Rapids metro Census 21401 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.72M
Blend (final) Blend
$565k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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