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Financial
Distress signals
Property profile

4515 28th SE St Kentwood, MI 49512

OFF-MARKET
Other commercial real estate
Property ID
US43-0656578
12,870 SF 2.04 ac lot Built 1976
Last sale Dec 2023 · $7,374,632
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a conventional restaurant facility associated with Cooper’s Hawk, a Chicago-based dining concept with an upscale restaurant environment and a subscription wine club. It is located on 28th Street, with Interstate 96 approximately one mile to the east and the Woodland Mall-anchored retail corridor to the west. The site was structured to support a ground-leased use for restaurant operations, with corporate guaranty and planned rental increases under a long-term ground lease agreement.

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?
$29k
Tax billed · 2019
Assessed value · 2023$2.18M
Effective rate1.33%

Value estimate

· Oct 2026
$6.95M
$6.25M – $7.64M
CAP approach$2.19M
Submarket $/SF estimate$2.12M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$55 – $165
Qualifying comparables7

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?
C2
The uses permitted by special land use approval in the C-2 community commercial, C-4 office and C-5 neighborhood corridor commercial dist...
General categoryCOMMERCIAL
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.8
Hair Salon11.5
Building Supply11.1

Location

4515 28th SE St Kentwood, MI 49512-1911
County assessor Recorded deeds · 8 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
2995 28th SE, Kentwood, MI 49512-1648 $750,000 Apr 2025 9,200 SF
5036 Falcon Vw SE, Kentwood, MI 49512-5404 $1,600,000 Jan 2025 16,896 SF
4630 Danvers SE, Kentwood, MI 49512-4019 $487,500 May 2024 10,800 SF
3010 Shaffer SE, Kentwood, MI 49512-1773 $702,082 Jul 2023 19,200 SF
2750 28th SE, Grand Rapids, MI 49512-1621 $2,100,000 Dec 2022 8,189 SF
2454 28th SE, Grand Rapids, MI 49512-1615 $1,025,000 Aug 2022 10,138 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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