Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

4201 Division Ave S Grand Rapids, MI 49548

FOR SALE
Other commercial real estate
Property ID
US43-1608718
2,578 SF 0.44 ac lot Built 1940
Last sale Apr 2025 · $270,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This automotive-oriented commercial property is configured for combined retail sales and vehicle service uses, historically operated as a car dealership, auto mechanical garage, and tire and detailing shop under one ownership. The site is set up to support multiple concurrent operations on the same premises, with business-related assets that were included to facilitate continued use as an automotive retail/service facility.

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 · 2021

What does the county charge?
$4k
Tax billed · 2021
Assessed value · 2023$83k
Effective rate4.83%

Value estimate

· Nov 2026
$260k
$234k – $286k
NOI build-up
Gross scheduled income$57k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 4.40% cap applied$37k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
ZIP average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$34 – $126
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4.40%
$37k 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?
FBC
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.3
Law Firm16.4
Convenience Store11.1

Location

4201 Division Ave S Grand Rapids, MI 49548
County assessor Recorded deeds · 5 transfers 6 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
5537 Crippen SW, Wyoming, MI 49548-5716 $120,000 Jan 2025 3,000 SF
510 28th SE, Wyoming, MI 49548-1279 $200,000 Oct 2024 3,240 SF
152 36th SE, Wyoming, MI 49548-2260 $310,000 Sep 2024 2,976 SF
4161 Madison SE, Wyoming, MI 49548-3417 $80,000 Aug 2024 2,532 SF
3501 Division S, Wyoming, MI 49548-2112 $450,000 Apr 2024 2,600 SF
720 Himes SE, Wyoming, MI 49548-3424 $200,000 Jan 2024 2,652 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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