Property profile

1331 State St Belding, MI 48809

OFF-MARKET
Commercial real estate
Property ID
US43-2310667
7,440 SF 16.74 ac lot Built 1976
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1976
Total area 7,440 SF
Lot 16.74 ac (729,194 SF)
Zoning code B-2
APN 34-401-250-000-365-00
UPID US43-2310667

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
  • (Bike/Boat/Book/etc) Store

Location

1331 State St Belding, MI 48809-9245
Belding metro Census 30300 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.16M
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.09M

Owner & transaction history

since 2018
2 recorded transactions
2018
$338,000
2011
$120,000

Zoning & alternative use

B-2 · Belding, MI
Zoning description

This district is intended to accommodate uses which can provide office, personal services, convenience (day-to-day), and comparison commercial goods for visitors to and residents of Belding. It will be established primar…

General category COMMERCIAL

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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