Realmo Analytics

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Property profile

2627 E Beltline Ave SE Grand Rapids, MI 49546

FOR LEASE
Commercial real estate
Property ID
US43-1103124
21,300 SF 1.19 ac lot Built 1970
Last sale May 2005 · $2,000,000
Trust Owned Owner of record is a trust. 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A medical office suite, located at 2627 E Beltline Ave SE in Grand Rapids, MI 49546, offers 1,028 square feet of move-in ready space within a larger 21,600 square foot building. The suite boasts abundant natural light from its corner location and excellent visibility, ideal for signage. The property features a total of 12 suites across three stories, with a 9-foot ceiling height. Recent renovations in 2022 enhanced both the suite and common areas, creating a modern and…

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?
$39k
Tax billed · 2019
Assessed value · 2023$833k
Effective rate4.63%

Value estimate

· Nov 2026
$1.99M
$1.79M – $2.19M
Submarket $/SF estimate$1.55M
NOI build-up
Gross scheduled income$347k
Vacancy & credit loss−$78k
Operating expenses−$67k
NOI · 1,442,028.57% cap applied$202k

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?
1,442,028.57%
$202k 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?
C3
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 agency22.0
Building Supply17.3
HVAC Service16.0

Location

2627 E Beltline Ave SE Grand Rapids, MI 49546
County assessor Recorded deeds · 7 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
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
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
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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