Financial
Distress signals
Property profile

5148 Lovers Ln Portage, MI 49002

OFF-MARKET
Commercial real estate
Property ID
US43-2447510
15,210 SF 1.34 ac lot Built 1986
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This two-story, 15,144-square-foot Class B office building, constructed in 1986 and renovated in 2019, offers multiple tenancy options in a prime Portage, Michigan location. Situated on 1.34 acres (62,987 sq ft lot) with convenient access to I-94 and US-131, it features 428 parking spaces, a passenger elevator, and 8-foot ceilings. The building boasts a modern design with a glass, vinyl, and EIFS façade, a two-story glass atrium lobby, and ample natural light. Amenities include on-site FedEx…

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?
$24k
Tax billed · 2019
Assessed value · 2023$470k
Effective rate5.11%

Value estimate

· Sep 2026
$1.13M
$1.01M – $1.24M
Submarket $/SF estimate$1.12M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$131/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$58 – $181

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?
B-2
Intent: The B-2 community business district is designed to cater to the needs of a larger consumer population than is served by the B-1 l...
General categoryCOMMERCIAL
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.1
Wholesale Shop14.8
HVAC Service12.7

Location

5148 Lovers Ln Portage, MI 49002-1572
County assessor Recorded deeds · not on file 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
7262 Westnedge, Portage, MI 49002-4211 $230,000 Dec 2024 5,243 SF
7017 Westnedge, Portage, MI 49002-4206 $1,345,000 Sep 2024 10,048 SF
7860 Sprinkle, Portage, MI 49002-9429 $550,000 Aug 2024 10,200 SF
8037 Portage, Portage, MI 49002-5721 $1,400,000 Apr 2024 5,755 SF
7855 Currier, Portage, MI 49002-4314 $8,394,649 Dec 2023 35,000 SF
1209 Milham, Portage, MI 49002-3051 $450,000 Nov 2022 4,909 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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