New search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
4315 Chicago SW Dr, Grandville, MI 49418-1507
Entity Owned
Free & Clear
Property ID
US43-1708228
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1962
Total area
568 SF
Lot
0.57 ac (24,829 SF)
Zoning code
CBD
APN
41-17-18-253-010
UPID
US43-1708228
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gpm Re LP
Gpm Re LP
since 2026
7 recorded transactions
Zoning & alternative use
CBD · Grandville, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grandville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grandville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$6,925
Tax year 2021
Assessed value
$150,200
Assessed 2023
Previous assessed
$141,700
+6.0% YoY
Effective rate
4.61%
On assessed value
Total market value
$300,400
Applied tax rate
58.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1962
Heating
NONE
Cooling
AC.PACKAGE
Buildings
1
Stories
1
Total area
568 SF
Lot
0.57 ac (24,829 SF)
Zoning code
CBD
APN
41-17-18-253-010
UPID
US43-1708228
Jurisdiction
KENT
Zoning & alternative use
CBD · Grandville, MI
Zoning CBD · permitted uses
CBD · Grandville, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grandville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Gpm Re LP
Entity
Free & Clear · 0 yrs held
Mailing address
1410 COMMONWEALTH DR STE #202, WILMINGTON, NC 28403-0377
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
Gpm Re LP
Admiral Real Estate LLC
Deed
—
Jun 30, 2016
—
Admiral Real Estate I LLC
Admiral Petroleum Co
Quit Claim Deed
—
Dec 30, 2004
—
Admiral Petroleum Co
Sb Petro Partners II LLC
Warranty Deed
related
—
Mar 17, 2004
—
Sp Petro Partners II LLC
Otg 4 LLC
Quit Claim Deed
related
$1,725,000 · Standard Federal Bank
Oct 21, 2003
—
Sb Petro Partners LLC
Clark Retail Enterprises INC
Quit Claim Deed
related
—
Aug 5, 1999
—
Otg 3 LLC
Clark Refining & Marketing INC
Grant Deed
$325,000 · Ffca Acquisition Corp
—
—
Sb Petro Partners II LLC
—
Deed Of Trust
related
$1,500,000 · Sb Mechanical Associates LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4315 Chicago SW Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
