Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1205 Bridge St NW Grand Rapids, MI 49504

FOR SALE
Other commercial real estate
Property ID
US43-0864960
3,219 SF 0.11 ac lot Built 1946
Last sale Mar 2023 · $480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use property, built in 1946, was renovated to combine three distinct units within one building: Unit A is street-level retail or office space, and Units B and C are residential apartments with one bedroom and one bathroom, and three bedrooms and one bathroom, respectively. Updated finishes are present throughout both the commercial and residential areas. The property includes four off-street parking spaces and fronts Bridge Street. It is located at 1205 Bridge Street in Grand Rapids…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$2k
Tax billed · 2021
Assessed value · 2023$141k
Effective rate1.65%

Value estimate

· Nov 2026
$460k
$414k – $506k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$4k
Operating expenses−$18k
NOI · 4.74% cap applied$31k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$37 – $112
Qualifying comparables11

Cap rate analysis

How does the asset earn?
4.74%
$31k 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?
TN-MDR
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office30.9
Realty agency29.6
Law Firm26.6

Location

1205 Bridge St NW Grand Rapids, MI 49504
County assessor Recorded deeds · 7 transfers 11 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
925 Brg NW, Grand Rapids, MI 49504-5537 $350,000 Jan 2026 2,772 SF
1054 Fulton W, Grand Rapids, MI 49504-6153 $420,000 Jan 2026 3,720 SF
517 Leonard NW, Grand Rapids, MI 49504-4281 $395,000 Jan 2025 2,517 SF
1155 Walker NW, Grand Rapids, MI 49504-7404 $345,000 Jan 2024 2,640 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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