Property profile

4931 Bailey Rd Coral, MI 49322

OFF-MARKET
Other commercial real estate
Property ID
US43-4316607
1.08 ac lot
Individually Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A historic former school building was later converted into a private residence and is currently vacant. The structure is approximately 10,000 square feet and features solid construction with wide hallways, generously sized rooms, high ceilings, and open interior layouts that support multi-unit redevelopment. The property is located on a 1.03-acre lot and includes space that can accommodate parking, green areas, and potential future expansion. The building’s original schoolhouse character and residential conversion history make it adaptable for potential apartment-style use, senior housing, or mixed-use residential redevelopment.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.08 ac (47,247 SF)
APN 013-141-001-01
UPID US43-4316607

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4931 Bailey Rd Coral, MI 49322-9701
Coral metro Census 970600 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2019
3 recorded transactions
2019
$40,000
2016
$30,000
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 4931 Bailey Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message