Property profile

5937 King Hwy Kalamazoo, MI 49048

OFF-MARKET
Other commercial real estate
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Property ID
US43-2338565
2,292 SF 0.33 ac Built 1939
Last sale Jul 2026
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.
Market Trends Soon

Property summary

AI-generated overview

A freestanding 2,000-square-foot building that was historically used as a retail banking facility includes a 300-square-foot double drive-thru. The property sits on 0.75 acres across three parcels and provides on-site parking. It is located in Comstock Charter Township within the B-2 Community Business District, and its layout and site features support use as a financial, medical, or quick-service facility. The site is positioned minutes from downtown Kalamazoo and provides access to I-94 and Kalamazoo-Battle Creek International Airport.

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?
$6k
Tax billed · 2021
Assessed value · 2023$151k
Effective rate4.11%

Value estimate

· Nov 2026
$290k
$261k – $319k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$26 – $77
Qualifying comparables11

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?
CC
CC - Commercial, Community CCBD - Commercial Central Business CBTR - Commercial, Business, Technology and Research 2022-06-15 All commerc...
General categoryMIXED_USE
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant12.7
Hair Salon11.5
Dental Office11.4

Location

5937 King Hwy Kalamazoo, MI 49048-6054
County assessor Recorded deeds · 1 transfer 11 qualifying comp sales 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
1213 Main, Kalamazoo, MI 49048-1872 $260,000 Apr 2025 3,247 SF
2302 Main, Kalamazoo, MI 49048-2051 $400,000 Jan 2025 3,428 SF
2222 Lk, Kalamazoo, MI 49048-3271 $65,000 Dec 2024 1,824 SF
208 Riv, Kalamazoo, MI 49048-6035 $5,389,000 Dec 2024 3,109 SF
1504 Main, Kalamazoo, MI 49048-1833 $10,000 Aug 2024 1,764 SF
1325 Michigan, Kalamazoo, MI 49048-2423 $50,000 Mar 2024 2,048 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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