$6,750,000 110,706 SF

1830 East Paris Ave Southeast, Grand Rapids, MI 49546
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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 · 2019

What does the county charge?

$288k

Tax billed · 2019

Assessed value · 2023$6.56M

Effective rate4.39%

Value estimate

· Nov 2026

$12.02M

$10.82M – $13.22M

Submarket $/SF estimate$12.02M

NOI build-up

Gross scheduled income$1.78M

Vacancy & credit loss−$401k

Operating expenses−$345k

NOI · 15.33% cap applied$1.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$129/SF

ZIP average, outlier-cleaned · 24 recorded sales of this use type

Observed band · Q1–Q3$73 – $196

Cap rate analysis

How does the asset earn?

15.33%

$1.03M 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?

JurisdictionKENT

Location intelligence

Which uses thrive at this corner?

Best fit: Restaurant

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Restaurant17.5

Hair Salon16.1

Building Supply14.9

1830 East Paris Ave Southeast Grand Rapids, MI 49546

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

Address Sale price Sold Size

3949 Sparks SE, Grand Rapids, MI 49546-6110 $200,000 Feb 2026 31,486 SF

3540 Camelot SE, Grand Rapids, MI 49546 $650,000 May 2024 11,850 SF

3809 Lk Eastbrook SE, Grand Rapids, MI 49546-5931 $1,700,000 Apr 2024 23,359 SF

1095 Medical Park SE, Grand Rapids, MI 49546-3685 $4,905,008 Oct 2022 37,134 SF

4362 Cascade SE, Grand Rapids, MI 49546-3600 $337,500 Aug 2021 13,030 SF

6810 Old 28th SE, Grand Rapids, MI 49546-6932 $1,410,000 Jun 2021 13,000 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

Value Estimation
$15,380,000

209,417 SF

1850 Paris SE Ave

COMMERCIAL (GENERAL)

1850 Paris SE Ave, Grand Rapids, MI 49546-6253

View Details
Value Estimation
$2,230,000

19,180 SF

2618 Paris SE Ave

COMMERCIAL (GENERAL)

2618 Paris SE Ave, Grand Rapids, MI 49546-2454

View Details
Value Estimation
$1,570,000

14,725 SF

1559 Arboretum SE Dr

COMMERCIAL (GENERAL)

1559 Arboretum SE Dr, Grand Rapids, MI 49546-6494

View Details
Value Estimation
$2,400,000

13,552 SF

4550 Cascade SE Rd

COMMERCIAL (GENERAL)

4550 Cascade SE Rd, Grand Rapids, MI 49546-3674

View Details
Value Estimation
$615,000

6,450 SF

4461 Cascade SE Rd

COMMERCIAL (GENERAL)

4461 Cascade SE Rd, Grand Rapids, MI 49546-3613

View Details
Value Estimation
$1,550,000

21,300 SF

2627 Beltline SE Ave

COMMERCIAL (GENERAL)

2627 Beltline SE Ave, Grand Rapids, MI 49546-5975

View Details

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

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1830 East Paris Ave Southeast Grand Rapids, MI 49546