Financial
Distress signals
Property profile

1553 Alpine Ave NW Grand Rapids, MI 49504

FOR SALE
Other commercial real estate
Property ID
US43-3598569
0.59 ac lot Built 1970
Last sale Mar 2025
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A free-standing brick office building located on a lighted intersection along Alpine Avenue, with more than 250 feet of street frontage and convenient access to a vehicle-intensive corridor. The property is zoned TN-TBA, permitting a range of commercial, office, and retail uses, and includes ample private parking. A small adjacent pad on the site provides potential for redevelopment. The surrounding area has a Bike Score of 68 (bikeable), a Walk Score of 74 (very walkable), and a Transit Score of 49 (some transit options).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$214k

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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

Cap rate analysis

How does the asset earn?
2.52%
$20k 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-TBA
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 Office16.8
Parking Facility11.6
Daycare Center10.9

Location

1553 Alpine Ave NW Grand Rapids, MI 49504
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
705 11th NW, Grand Rapids, MI 49504-4431 $175,000 Jul 2025 4,752 SF
425 Stocking NW, Grand Rapids, MI 49504-5501 $965,000 May 2025 10,230 SF
351 Covell NW, Grand Rapids, MI 49504-5935 $325,000 Apr 2025 2,400 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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