Property profile

2485 Main St Lowell, MI 49331

OFF-MARKET
Industrial properties
Property ID
US43-1246226
36,812 SF 7.48 ac lot Built 1988
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1988
Total area 36,812 SF
Lot 7.48 ac (325,829 SF)
Zoning code I
APN 41-20-03-301-023
UPID US43-1246226

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
  • Auto Repair Shop

Location

2485 Main St Lowell, MI 49331-9005
Lowell metro Census 12004 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$615k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
1969
Price N/A

Zoning & alternative use

I · Lowell, MI
General category INDUSTRIAL
Top alternative use upside
Office building $2.8M +68.9%
Auto repair, garage $2.3M +36.5%

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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