Financial
Distress signals
Property profile

4646 28th SE St Kentwood, MI 49512

OFF-MARKET
Commercial real estate
Property ID
US43-0797457
135,803 SF 24.25 ac lot Built 1993
Last sale Jul 2000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial land parcel presents a unique investment opportunity in a thriving Kentwood, Michigan retail corridor. Situated on the southwest corner of 28th Street and Paterson Avenue, this property benefits from exceptional visibility and accessibility. The site's prime location is surrounded by a dense concentration of major national retailers, ensuring high foot traffic and strong consumer demographics. Nearby establishments include Home Depot, Sam's Club, Big Lots, Art Van…

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 · 2019

What does the county charge?
$173k
Tax billed · 2019
Assessed value · 2023$4.96M
Effective rate3.50%

Value estimate

· Sep 2026
$9.03M
$8.13M – $9.93M
Submarket $/SF estimate$9.03M

Realmo valuation models over county records.

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

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.9
HVAC Service11.8
Hair Salon11.5

Location

4646 28th SE St Kentwood, MI 49512-1914
County assessor Recorded deeds · 1 transfer 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
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
3131 Woodland SE, Kentwood, MI 49512-1673 $4,175,000 Jan 2023 92,787 SF
3400 Innovation SE, Grand Rapids, MI 49512-2085 $2,200,000 Dec 2022 30,904 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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