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Financial
Distress signals
Property profile

5801 Weller Ct SW Wyoming, MI 49509

FOR LEASE
Commercial real estate
Property ID
US43-1334058
86,400 SF 5.82 ac lot Built 2004
Last sale Sep 2004
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,800 square foot industrial space, part of a larger 37,135 square foot building, is ideally situated at the intersection of Gezon Parkway SW and Burlingame Avenue in Kent County. Built in 2005, this single-story facility offers convenient access to the south side of greater Grand Rapids. The unit boasts a desirable 20-foot clear ceiling height, enhancing operational efficiency. Loading and unloading are simplified with the inclusion of one loading dock and one drive-in…

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 · 2021

What does the county charge?
$97k
Tax billed · 2021
Assessed value · 2023$3.14M
Effective rate3.07%

Value estimate

· Oct 2026
$6.70M
$6.03M – $7.37M
Submarket $/SF estimate$6.70M
NOI build-up
Gross scheduled income$249k
Vacancy & credit loss−$6k
Operating expenses−$85k
NOI · 1,317,108.33% cap applied$158k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$68/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$36 – $112

Cap rate analysis

How does the asset earn?
1,317,108.33%
$158k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I3
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Law Firm16.1
Restaurant14.7

Location

5801 Weller Ct SW Wyoming, MI 49509
County assessor Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1365 Judd SW, Wyoming, MI 49509-1020 $275,000 Jan 2026 17,502 SF
1276 36th SW, Wyoming, MI 49509-3468 $700,000 Mar 2025 11,100 SF
5656 Clyde Park SW, Wyoming, MI 49509-9721 $1,698,000 Nov 2024 68,849 SF
2522 Burlingame SW, Wyoming, MI 49509-2238 $300,000 Oct 2024 74,480 SF
3295 Woodward SW, Wyoming, MI 49509-3000 $405,000 Aug 2024 9,792 SF
4800 Clyde Park SW, Wyoming, MI 49509-5116 $3,195,000 Apr 2024 28,600 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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