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Property profile

1621 Leonard NE St Grand Rapids, MI 49505

OFF-MARKET
Commercial real estate
Property ID
US43-1379264
24,000 SF 2.26 ac lot Built 1987
Last sale Jul 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Beckwith Center, located at 1621 Leonard St NE in Grand Rapids, Michigan, presents a compelling retail investment opportunity. This 24,000 square foot strip center, built in 1985 and renovated in 2005, sits on a 2.26-acre lot and offers multiple tenancy options. Currently, there are 2,510 square feet of vacant space available, divisible into units ranging from 1,010 to a maximum contiguous 1,500 square feet. The property is zoned C-2, providing flexibility for a variety of retail uses. …

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?
$50k
Tax billed · 2021
Assessed value · 2023$961k
Effective rate5.21%

Value estimate

· Nov 2026
$680k
$612k – $748k
Submarket $/SF estimate$1.46M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$40 – $126

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MCN-C
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.7
Law Firm23.9
Restaurant22.2

Location

1621 Leonard NE St Grand Rapids, MI 49505-5658
County assessor Recorded deeds · 3 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
2300 3rd Mile NE, Grand Rapids, MI 49505-3956 $1,600,000 Dec 2025 9,760 SF
1416 Nn NE, Grand Rapids, MI 49505-5059 $225,000 Jul 2022 4,129 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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