The property is a multi-tenant retail and dining investment building that has been operated with several tenants, including a party store, a restaurant, and a vapor lounge, along with other neighborhood-serving retail uses. It is located within walking distance of the GVSU campus, which supports ongoing demand for local retail and food and beverage services. The building is configured for multiple tenant spaces and is set up to function as an income-producing asset with tenant occupancy in place; detailed lease and financial terms are not reflected here.

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 · 2022

What does the county charge?

$32k

Tax billed · 2022

Assessed value · 2023$841k

Effective rate3.86%

Value estimate

· Nov 2026

$1.70M

$1.53M – $1.87M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOTTAWA

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand index

Law Firm13.2

Realty agency12.6

Building Supply12.4

4965 Lk Michigan Dr Allendale, MI 49401-8482

County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby

No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.

Comparable nearby

Value Estimation
$2,805,000

29,068 SF

6101 Lake Michigan Dr, Unit A

WHOLESALE OUTLET, DISCOUNT STORE

6101 Lake Michigan Dr, Allendale, MI 49401-9215

View Details
Value Estimation
$1,460,000

18,166 SF

11233 68th Ave

WHOLESALE OUTLET, DISCOUNT STORE

11233 68th Ave, Allendale, MI 49401-8059

View Details
Value Estimation
$4,035,000

39,230 SF

5425 Lk Michigan Dr

WHOLESALE OUTLET, DISCOUNT STORE

5425 Lk Michigan Dr, Allendale, MI 49401-9149

View Details
Value Estimation
$1,000,000

12,425 SF

6387 Lk Michigan Dr

WHOLESALE OUTLET, DISCOUNT STORE

6387 Lk Michigan Dr, Allendale, MI 49401-9295

View Details
Value Estimation
$7,160,000

58,628 SF

6370 Lk Michigan Dr

WHOLESALE OUTLET, DISCOUNT STORE

6370 Lk Michigan Dr, Allendale, MI 49401

View Details
Value Estimation
$1,265,000

10,080 SF

5269 Lk Michigan Dr

WHOLESALE OUTLET, DISCOUNT STORE

5269 Lk Michigan Dr, Allendale, MI 49401-9134

View Details

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Includes: Price & PSF · Cap rate · Location · Zoning

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4965 Lk Michigan Dr Allendale, MI 49401

Property summary