Individually Owned Property summary
This exceptional investment opportunity presents a fully occupied, 4,608 square foot automotive dealership in Grand Rapids, Michigan. The property, located at 6015 Division Ave S, includes two buildings on a single story, built in 1959, and boasts a large showroom and ample shop space. The sale includes a 50+ car capacity lot, an adjacent 830 square foot single-family home (currently leased month-to-month), and an additional 0.28-acre vacant lot, offering significant expansion potential. The… dealership operates under a gross lease with 100% occupancy. The asking price is $995,000, translating to $215.93 per square foot. The property features three APNs: 412101226015, 412101226007, and 412101226006. The seller is open to considering seller financing, making this a compelling opportunity for both established and emerging automotive businesses. This turnkey operation presents a rare chance to acquire a well-established business with significant upside potential in a desirable location. The inclusion of the single-family home and vacant lot adds further value and flexibility to this unique offering. This is a multi-tenancy property with a current lease term of 0 years.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Sep 2026Realmo valuation models over county records and 14 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,608 SF
- Lot area
- 0.55 ac
- Year built
- 1959
- Stories
- 1
- APN
- 41-21-01-226-015
- Zoning
- B2
- Assessed value · 2023
- $221,500
- Annual tax · 2019
- $5,687
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Everything in the Light report
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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