Property profile

414 State St Belding, MI 48809

OFF-MARKET
Commercial real estate
Property ID
US43-2375975
42,745 SF 3.05 ac lot Built 1968
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Total area 42,745 SF
Lot 3.05 ac (132,684 SF)
Zoning code RM-1
APN 34-403-150-000-023-00
UPID US43-2375975

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Rehabilitation Center Occupational Therapist

Location

414 State St Belding, MI 48809-2200
Belding metro Census 30200 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.66M
Comparable Approach Comparable
$5.19M
Blend (final) Blend
$5.93M

Owner & transaction history

since 2018
1 recorded transaction
2018
$2.0M

Zoning & alternative use

RM-1 · Belding, MI
Zoning description

ay after the completion of the sale.H. Schedule of Sign RegulationsSigns in each Zoning District shall be subject to the following regulations: City of Belding Zoning Ordinance - Excerpt of Sign Language7 R-1, R-2, R-3,…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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