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Property profile & analytics
OFF-MARKET Estimated value $490,000
Drug stores

3191 28th SW St Grandville, MI 49418-1110

12,915 SF 1.43 ac lot Built 1993
Trust Owned 18-yr Hold ~ Est. High Equity
Property ID
US43-1250258
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1993
Total area 12,915 SF
Lot 1.43 ac (62,291 SF)
Zoning code C-3
APN 41-17-09-354-045
UPID US43-1250258
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
$1.50M
Blend (final) Blend
$490k
Owner & transaction history
S & S Family Trust · 18 yrs held
S & S Family Trust
since 2007
2 recorded transactions
2007
Price N/A
1969
Price N/A
Zoning & alternative use
C-3 · Grandville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Neighborhood Business District, C-3 Commercial Highway District, C-4 Commercial Shopping Center District, C- 5 Commercial Interchange District. Community Center . A place where people can meet for social, educational, or recreational activities. Condominium, Residential. An individually owned dwelling unit in a multiple -family building or an individually ow…

Zone name Commercial Highway
General category COMMERCIAL
Zone area 143.08 ac
Source Grandville Zoning Ordinance Effective 4 13 2026
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