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    Property profile & analytics
    OFF-MARKET Estimated value $1,270,000
    Drive through restaurants

    5180 Lk Michigan Dr, Allendale, MI 49401-9582

    2,596 SF 0.87 ac lot
    Entity Owned Free & Clear
    Property ID
    US43-4011698
    Property summary
    AI-generated overview

    This exceptional 2,625-square-foot retail or restaurant space, located at 5180 Lake Michigan Dr in Allendale Charter Twp, MI 49401, presents a unique investment opportunity. Built in 2013, this Class A property boasts a single-story building on a 0.86-acre lot, offering ample space for a variety of commercial uses. The property features 27 parking spaces and a prominent monument sign, ensuring high visibility. Benefiting from a strategic location, it shares curb cuts with a neighboring shopping center and Culver's, providing convenient access from both Lake Michigan Drive (25,434 vehicles per day) and 52nd Avenue (3,863 vehicles per day). Its proximity to Grand Valley State University (GVSU), just 1.25 miles west, is a significant advantage, given GVSU's substantial and growing student population of 22,269, including a record-breaking incoming class of 4,974 students in Fall 2023. Situated in the rapidly expanding Allendale township within Ottawa County—Michigan's fastest-growing county—this property is ideally positioned to capitalize on the area's robust population growth. Allendale's population has increased significantly in recent years, with projections indicating continued expansion. This prime location, combined with the property's features and the area's strong demographics, makes this an attractive opportunity for businesses seeking high visibility and a thriving market.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Total area 2,596 SF
    Lot 0.87 ac (38,071 SF)
    APN 70-09-25-200-070
    UPID US43-4011698
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cold Stone Creamery Bakery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.27M
    Owner & transaction history
    Align Realty LLC
    Align Realty LLC
    since 2025
    4 recorded transactions
    2025
    2021
    $986,022
    2019
    2019
    $50,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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