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Financial
Distress signals
Property profile

312 Baldwin St Jenison, MI 49428

FOR LEASE
Strip malls
Property ID
US43-2338630
13,262 SF 1.19 ac lot Built 1989
Last sale Jul 2007 · $500
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This is a CS-zoned strip mall in an in-line retail configuration, located at the corner of Baldwin Street and Main Avenue in Jenison, Michigan. The retail center was built in 1989 and is established as a retail asset. The site provides direct frontage and visibility along Baldwin Street due to its corner placement and is positioned within a walkable area of nearby retail, dining, and community amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$28k
Tax billed · 2022
Assessed value · 2023$762k
Effective rate3.67%

Value estimate

· Oct 2026
$600k
$540k – $660k
NOI build-up
Gross scheduled income$205k
Vacancy & credit loss−$9k
Operating expenses−$59k
NOI · 690,080.20% cap applied$138k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
690,080.20%
$138k 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?
CS
JurisdictionOTTAWA

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 agency26.9
Dental Office18.5
Restaurant17.7

Location

312 Baldwin St Jenison, MI 49428
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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
660 Baldwin, Jenison, MI 49428-9757 $1,650,000 Oct 2023 13,200 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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