Financial
Distress signals
Property profile

616 Fulton W St Grand Rapids, MI 49504

OFF-MARKET
Commercial real estate
Property ID
US43-2843234
122,570 SF 1.17 ac lot Built 2015
Last sale Mar 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Fulton Place presents a prime retail investment opportunity in Grand Rapids, Kent County. This high-quality, mixed-use building boasts 17,194 square feet of space, offering multiple tenancy options. Two spaces are currently available, ranging from a minimum of 1,307 square feet to a maximum contiguous space of 5,914 square feet. A significant 7,221 square feet is currently vacant, providing flexibility for various business needs. The building features attractive storefront windows and ample

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 · 2021

What does the county charge?
$191k
Tax billed · 2021
Assessed value · 2023$7.46M
Effective rate2.56%

Value estimate

· Sep 2026
$11.98M
$10.78M – $13.18M
Submarket $/SF estimate$11.98M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$37 – $112

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?
TN-TCC
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store9.6
Laundry Service9.4
Auto Parts Store8.8

Location

616 Fulton W St Grand Rapids, MI 49504-6328
County assessor Recorded deeds · 5 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
705 11th NW, Grand Rapids, MI 49504-4431 $175,000 Jul 2025 4,752 SF
425 Stocking NW, Grand Rapids, MI 49504-5501 $965,000 May 2025 10,230 SF
1050 Leonard NW, Grand Rapids, MI 49504 $350,000 Feb 2025 8,317 SF
270 Ann NW, Grand Rapids, MI 49504-2016 $8,600,000 Dec 2024 97,727 SF
954 Frnt NW, Grand Rapids, MI 49504-4423 $912,399 Apr 2024 14,080 SF
634 Frnt NW, Grand Rapids, MI 49504-5318 $10,800,000 Mar 2024 70,744 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 616 Fulton W St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message