Financial
Distress signals
Property profile

326 N Main St NE Cedar Springs, MI 49319

FOR SALE
Retail space
Property ID
US43-1052906
8,220 SF 1.25 ac lot Built 1938
Last sale Jan 2020 · $255,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Mortgages

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 · 2019

What does the county charge?
$7k
Tax billed · 2019
Assessed value · 2023$167k
Effective rate4.03%

Value estimate

· Sep 2026
$210k
$189k – $231k
NOI build-up
Gross scheduled income$57k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 5.84% cap applied$47k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$81/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$44 – $118

Cap rate analysis

How does the asset earn?
5.84%
$47k 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?
B-3
DIVISION 10. - HIGHWAY BUSINESS (B-3) Sec. 32-392. - Purpose. This zoning district is intended to provide for an orderly and concentrated...
General categoryCOMMERCIAL
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.2
Law Firm9.6
Electrical Service9.1

Location

326 N Main St NE Cedar Springs, MI 49319
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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
39 Main, Cedar Springs, MI 49319-5140 $110,000 Feb 2026 3,080 SF
88 Main, Cedar Springs, MI 49319-5102 $330,000 Jan 2025 3,916 SF
40 Main, Cedar Springs, MI 49319-5102 $275,000 Nov 2024 2,240 SF
10 Main, Cedar Springs, MI 49319-5118 $125,000 Jun 2020 880 SF
171 Muskegon, Cedar Springs, MI 49319-9456 $60,000 Apr 2019 4,606 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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