Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

5085 Kraft SE Ave Grand Rapids, MI 49512

OFF-MARKET
Industrial properties
Property ID
US43-0670865
50,100 SF 5.92 ac lot Built 2005
Last sale Apr 2006 · $3,760,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 50,100-square-foot industrial warehouse, built in 2005, is situated on a generous 5.92-acre lot in Grand Rapids, Michigan. The single-story building boasts a single drive-in door and two loading docks, ensuring efficient loading and unloading operations. Power is provided by a robust 480v 3-phase system, with at least 1,600 amps available. The interior features epoxy flooring throughout and is fully air-conditioned for optimal comfort and functionality. Ample on-site…

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 · 2023

What does the county charge?
$57k
Tax billed · 2023
Assessed value · 2024$2.10M
Effective rate2.73%

Value estimate

· Oct 2026
$3.09M
$2.78M – $3.39M
Submarket $/SF estimate$3.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$46/SF
Submarket average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$23 – $62

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?
I
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.0
Plumbing Service8.6
Furniture Store8.1

Location

5085 Kraft SE Ave Grand Rapids, MI 49512-9707
County assessor Recorded deeds · 5 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3498 Kraft SE, Grand Rapids, MI 49512-2003 $2,350,000 Jun 2022 26,942 SF
4617 Paris SE, Kentwood, MI 49512-5316 $2,560,000 Jan 2022 45,850 SF
4928 Greenbrooke SE, Kentwood, MI 49512-5400 $1,300,000 Dec 2021 17,076 SF
4156 Danvers SE, Kentwood, MI 49512-4078 $2,300,000 Jun 2021 42,000 SF
3801 Kraft SE, Grand Rapids, MI 49512-2039 $1,900,000 Jan 2021 55,233 SF
4707 40th SE, Kentwood, MI 49512-4076 $585,000 Apr 2019 19,206 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
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 5085 Kraft SE Ave?
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
Why this one?
Saved