Property summary
This exceptional investment opportunity presents a thriving convenience store with a highly valuable SDD liquor license in Allegan County, Michigan. Located at 4793 22nd St SW, Byron Center, MI 49315, this 4,828 square foot, two-story building sits on a 23,087 square foot lot and boasts a 15% cap rate. The property includes three units: a well-established convenience store generating $500,000 in gross sales and $138,000 in lottery sales, plus a gas pump dispensing approximately 1,000 gallons… monthly. Further enhancing profitability are two income-generating apartments, each on separate utilities, contributing $18,600 annually to the net operating income. The business enjoys 100% occupancy and a remaining lease term of 20 years under a gross lease. The property's net operating income is $62,260, and the liquor license alone is valued at over $250,000. Built in 1920, this commercially zoned property offers a rare blend of established business and significant rental income potential. Additional services include propane exchange. This absentee-owner operation presents a turnkey investment opportunity with substantial upside. The asking price is $550,000 ($113.92/sq ft). APN: 05-005-014-00.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,828 SF
- Lot area
- 0.53 ac
- Year built
- 1868
- Stories
- 2
- APN
- 05-005-014-00
- Zoning
- C LOCA
- Assessed value · 2024
- $98,200
- Annual tax · 2023
- $3,584
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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