Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    11901 Fulton St E Lowell, MI 49331

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11901 Fulton St E Lowell, MI 49331

    View on Map
    • Retail space
    • 196,043 SF
    • 37.61 lot acres
    For Lease
    $10,425,000
    View Listing →
    Retail For Lease
    $10,425,000

    Retail

    Retail space

    11901 Fulton St E, Lowell, MI 49331
    View Listing
    Property ID
    US43-2162246
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Meijer Pharmacy / Pharmacy
    • Meijer / Specialty Food Shop / Supermarket
    • Quick-Tag / (Bike/Boat/Book/etc) Store / Pet Store & Service
    • Meijer Optical / Physician
    • higi / Physician

    Property Details for 11901 Fulton St E

    Year built
    2000
    Lot size
    37.61 lot acres
    Property size
    196,043 SF
    Zone code
    COMM
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    41-20-04-426-047
    APU
    412004426047

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,423,000
      Market price range: $8.64M - $23.1M
      AI Estimate
      $10,423,000
      Market price range: $8.64M - $23.1M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $15,930,000
      Current use
      COMMERCIAL (GENERAL)
      $16,110,000
      Change: +1% Conversion: Easy
      OFFICE BUILDING
      $15,030,000
      Change: -6% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Kent
    State
    Michigan
    Longitude
    -85.3746
    Latitude
    42.9336
    CBSA code
    24340
    CBSA name
    GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $212,753
    $0.00
    $0.00
    $4,744,300
    -
    $0.00
    $0.00
    $9,488,600

    Comparable in this City

    • Value Estimation
      $1,595,000
      13,527 SF

      11980 Fulton E St

      DRUG STORE, PHARMACY • 13,527 SF
      11980 Fulton E St, Lowell, MI 49331-9428
      View Details
    • Value Estimation by Request
      4,158 SF

      11915 Fulton E St

      FINANCIAL BUILDING • 4,158 SF
      11915 Fulton E St, Lowell, MI 49331-8613
      View Details
    • Value Estimation by Request
      4,134 SF

      4475 Alden Nash SE Ave

      GROCERY, SUPERMARKET • 4,134 SF
      4475 Alden Nash SE Ave, Lowell, MI 49331-8988
      View Details
    • Value Estimation by Request
      1,856 SF

      11947 Fulton E St

      AUTO REPAIR, GARAGE • 1,856 SF
      11947 Fulton E St, Lowell, MI 49331-9428
      View Details
    • Value Estimation by Request
      3,200 SF

      11998 Cascade SE Rd

      AUTO REPAIR, GARAGE • 3,200 SF
      11998 Cascade SE Rd, Lowell, MI 49331-8524
      View Details
    • Value Estimation
      $525,000
      2,378 SF

      11656 Fulton E St

      RESTAURANT • 2,378 SF
      11656 Fulton E St, Lowell, MI 49331-9426
      View Details

    Similar Nearby for Sale

    • $225,000
      Pending

      Retail/Office Building in Downtown Lowell

      Retail or office building in a fast-growing Michigan city.
      427 E Main St, Lowell, MI 49331
      View Details
    • $225,000
      Pending

      Retail/Office Building in Downtown Lowell

      Retail or office building with high visibility in Lowell.
      427 E Main St, Lowell, MI 49331
      View Details
    • $1,950,000
      10,004 SF

      Lowell Retail Building - $1.95M

      10,004 SF Vacant Pharmacy/Drug Store
      1401 Main St, Lowell, MI 49331
      View Details
    • $1,250,000

      Freestanding Retail Property on M-21

      Retail property built in 2021 with high traffic volume.
      2264 W Main St, Lowell, MI 49331
      View Details
    • $975,000

      Commercial Property on Fulton Street

      Commercial property with over 7,900 SF on over one acre.
      11608 Fulton St SE, Lowell, MI 49331
      View Details
    • Contact for pricing
      7,966 SF

      Fulton Street Commercial Real Estate

      Commercial property on Fulton Street with redevelopment potential.
      11608 Fulton St E, Lowell, MI 49331
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      1,464 SF

      Retail Space in Lowell, MI

      Retail space available for lease in Lowell, Michigan.
      1004 W Main St, Lowell, MI 49331
      View Details
    • Contact for pricing

      11901 Fulton St E, Lowell, MI 49331

      Retail space
      11901 Fulton St E, Lowell, MI 49331
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease at 505 W Main St.
      505 W Main St, Lowell, MI 49331
      View Details
    • Contact for pricing

      Retail Strip Center For Lease

      20,364 SF retail strip center suitable for office or retail.
      1335 W Main St, Lowell, MI 49331
      View Details
    • Contact for pricing

      Retail Center on Main Street

      Spacious, newly renovated retail center with ample parking and frontage.
      2111 W Main St, Lowell, MI 49331
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11901 Fulton St E
    Lowell, MI 49331
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!