Property profile

3607 68Th St SE Caledonia, MI 49316

FOR SALE
Outlet malls
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Property ID
US43-3047902
9,301 SF 1.83 ac Built 2013
Last sale Nov 2013
Trust Owned Owner of record is a trust. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,301 square foot Dollar General store in Caledonia, MI, a thriving suburban market near Grand Rapids. Built in 2013, this Class A property sits on 1.83 acres and boasts an absolute NNN lease with a credit-rated tenant, ensuring minimal landlord responsibilities. The lease, commencing October 16, 2013, and expiring October 31, 2028, has approximately 4.5 years remaining, with five 5-year renewal options, each including rent increases. The…

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

What does the county charge?
Assessed value · 2023$445k

Value estimate

· Nov 2026
$485k
$437k – $534k
Submarket $/SF estimate$978k
NOI build-up
Gross scheduled income$144k
Vacancy & credit loss−$6k
Operating expenses−$34k
NOI · 7.63% cap applied$103k

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?
7.63%
$103k 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?
C1-NBHD COMM
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 Office10.7
Realty agency10.3
Pharmacy8.9

Location

3607 68Th St SE Caledonia, MI 49316
County assessor Recorded deeds · 2 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

8 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
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

Ask Rey → ChatGPT Grok Claude
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