Property profile

13861 White Crk NE Ave Cedar Springs, MI 49319

OFF-MARKET
Outlet malls
Property ID
US43-1502942
24,464 SF 3.89 ac lot Built 1988
Entity Owned Free & Clear
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Property summary

AI-generated overview

This turnkey retail operation, White Creek Lumber and Hardware, is situated on a 3.93-acre lot in Cedar Springs, MI, a growing community near Grand Rapids. The property boasts 28,346 square feet of retail space spread across three buildings: a 10,000 sq ft main building and two 5,832 sq ft pole barns with fenced storage. The main building features a block construction with a recently replaced engineered Douglas Fir roof and four new HVAC units. Security is enhanced by burglar and fire alarms, and a 2023 updated multi-camera security system. The property includes 36 parking spaces and benefits from high visibility due to its location on a three-lane road and proximity to the 131 expressway. The property is zoned H-C and has a 757 ft lot depth and 254 ft lot width. The sale includes two 2019 F150 trucks, a 2019 F550 tilt bed truck, and a 2017 UniCarrier forklift (8000# capacity). This established business offers excellent potential for continued growth and profitability. The asking price is $3,500,000, with a price per square foot of $137.59. The property is currently 100% occupied and was built in 1988, with renovations completed in 2023. The APN is 410235200035|2.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1988
Total area 24,464 SF
Lot 3.89 ac (169,405 SF)
Zoning code H-C
APN 41-02-35-200-035
UPID US43-1502942

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
  • Building Supply Hardware & Home Improvement

Location

13861 White Crk NE Ave Cedar Springs, MI 49319-9450
Cedar Springs metro Census 10200 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$460k

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2016
Price N/A
2015
Price N/A
2015
Price N/A
2013
$509,000
2009
Price N/A
2008
Price N/A

Zoning & alternative use

H-C · Cedar Springs, MI

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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