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Financial
Distress signals
Property profile

3940 29th SE St Kentwood, MI 49512

OFF-MARKET
Commercial real estate
Property ID
US43-1070081
1,720 SF 0.36 ac lot Built 1974
Last sale Oct 2022 · $237,000
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 exceptional commercial property, located at 3940 29th Street SE in Kentwood, Michigan, presents a unique investment opportunity. Situated on a 0.36-acre lot, the building offers a versatile layout ideal for a variety of business uses. The property features two distinct units, each with its own separate entrance, providing flexibility and potential for multiple tenants or a single business expanding its operations. The first unit boasts at least six individual office spaces, perfect for…

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 · 2019

What does the county charge?
$6k
Tax billed · 2019
Assessed value · 2023$106k
Effective rate5.65%

Value estimate

· Oct 2026
$405k
$365k – $446k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$55 – $165
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C4
outside the city; and C-4 office/business district, which is intended primarily to permit office and business uses of a less intensive na...
General categoryCOMMERCIAL
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.7
Convenience Store10.0
Pharmacy9.9

Location

3940 29th SE St Kentwood, MI 49512-1818
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3652 29th SE, Kentwood, MI 49512-1812 $325,750 Oct 2024 2,520 SF
4643 28th SE, Kentwood, MI 49512-5635 $315,000 Jun 2024 1,920 SF
2733 28th SE, Grand Rapids, MI 49512-1610 $625,000 Mar 2024 3,520 SF
3291 Paris SE, Kentwood, MI 49512-2962 $155,000 Dec 2023 2,184 SF
4675 28th SE, Kentwood, MI 49512-1913 $3,250,000 Jul 2022 1,395 SF
3756 28th SE, Kentwood, MI 49512-1802 $2,050,000 May 2022 4,000 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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