Financial
Distress signals
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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

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

Value estimate

· Sep 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 7 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 comparables7

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 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
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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