Property summary
This prime 1.75-acre commercial lot, zoned C-2 (Restaurant/Commercial), presents a remarkable ground lease opportunity on Alpine Avenue NW, just north of the busy 4 Mile Road intersection. The property boasts exceptional visibility and high traffic counts, further enhanced by its proximity to a soon-to-be-built Panda Express, ensuring significant foot traffic. This strategic location places the property within a thriving retail corridor, surrounded by established national retailers such as… Walmart, Target, and Best Buy, guaranteeing a strong customer base and consistent commercial activity. The property's APN is 41-09-35-491-001, situated in Kent County. The single-tenant ground lease offers a substantial annual income of $75,000. Public water and sewer services are readily available on-site, simplifying development and operational costs. This is an unparalleled chance to establish a successful business in a high-demand area with proven commercial success. The property is ideal for a variety of commercial uses, given its C-2 zoning. Don't miss this exceptional opportunity to secure a prominent location in a flourishing retail environment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,216 SF
- Lot area
- 0.77 ac
- Year built
- 2018
- Stories
- 1
- APN
- 41-09-35-491-001
- Zoning
- C-2
- Assessed value · 2023
- $415,100
- Annual tax · 2019
- $10,399
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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