New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,830,000
Retail space
3001 Sangra SW Ave, Grandville, MI 49418-1153
Individually Owned
3-yr Hold
Free & Clear
Property ID
US43-1526743
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1982
Total area
34,796 SF
Lot
4.07 ac (177,289 SF)
Zoning code
C-1
APN
41-17-16-110-034
UPID
US43-1526743
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.83M
Blend (final)
Blend
$2.83M
Owner & transaction history
Redemption Churchs · 3 yrs held
Redemption Churchs
since 2023
7 recorded transactions
Zoning & alternative use
C-1 · Grandville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grandville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grandville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,830,000
Current use
COMMERCIAL (GENERAL)
$2,720,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$2,665,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$81 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Applied tax rate
58.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1982
Heating
NONE
Buildings
1
Stories
1
Total area
34,796 SF
Lot
4.07 ac (177,289 SF)
Zoning code
C-1
APN
41-17-16-110-034
UPID
US43-1526743
Jurisdiction
KENT
Zoning & alternative use
C-1 · Grandville, MI
Zoning C-1 · permitted uses
C-1 · Grandville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grandville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.7M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Buildings
1
Lot
4.07 ac
Current owner
From public records · entity-resolved
Redemption Churchs
Individual
Free & Clear · 3 yrs held
Mailing address
2905 WILSON AVE SW STE 200A, GRANDVILLE, MI 49418-1287
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2023
—
Redemption Churchs
Bethel Pentecostal Churchs
Warranty Deed
—
Feb 28, 2019
—
Bethel Pentecostal Church INC
—
Deed
related
$798,197 · First Bk/owasso
Sep 12, 2016
—
Bethel Pentecostal Church INC
—
Deed
related
$775,000 · First Bk/owasso
Nov 20, 2014
—
P5 Properties LLC
Bethel Pentecostal Church
Warranty Deed
related
—
Dec 17, 2012
—
Allendale Inv Realty LLC
Allendale Investment Realty
Quit Claim Deed
$500,000 · Allendale Investment Realty
—
—
Bethel Pentecostal Church INC
—
Loan Modification
related
$798,197 · First Bk/owasso
—
—
Bethel Pentecosta Church
—
Deed Of Trust
related
$700,000 · First Bk/owasso
—
—
Bethel Pentecostal Church INC
—
Loan Modification
related
$800,000 · First Bk/owasso
—
—
Bethel Pentecostal Church INC
—
Loan Modification
related
$775,000 · First Bk/owasso
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3001 Sangra SW Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
