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Property profile

4217 Portage St Kalamazoo, MI 49001

OFF-MARKET
Other commercial real estate
Property ID
US43-2450530
15,240 SF 1.36 ac lot
Last sale Oct 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail endcap suite totaling approximately 11,500 square feet within a retail center originally built in 1955. The fully sprinklered space has brick exterior components and 12-foot ceiling height. The retail center includes multiple points of entry and exit from Portage Street, along with customer parking and signage availability along the road. Located at 4217 Portage Street in Kalamazoo, the center is approximately one-quarter mile north of the I-94 and Portage Street interchange.

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?
$19k
Tax billed · 2019
Assessed value · 2023$369k
Effective rate5.19%

Value estimate

· Oct 2026
$485k
$437k – $534k
Submarket $/SF estimate$723k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$35 – $85

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?
CC
CC - Commercial, Community CCBD - Commercial Central Business CBTR - Commercial, Business, Technology and Research 2022-06-15 All commerc...
General categoryMIXED_USE
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.4
Hair Salon12.9
Dental Office12.8

Location

4217 Portage St Kalamazoo, MI 49001-5264
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
1336 Portage, Kalamazoo, MI 49001-3051 $640,000 Apr 2025 22,122 SF
1019 Schuster, Kalamazoo, MI 49001-3209 $90,000 Mar 2025 7,580 SF
3408 Miller, Kalamazoo, MI 49001-4111 $180,000 Mar 2025 14,976 SF
2734 Miller, Kalamazoo, MI 49001-4167 $330,000 Jan 2025 5,952 SF
2907 Burdick, Kalamazoo, MI 49001-3762 $2,936,429 Jan 2025 15,405 SF
929 2nd, Kalamazoo, MI 49001-2537 $338,500 Jan 2025 13,624 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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