Property profile

721 Ctr Ave Portage, MI 49024

OFF-MARKET
Commercial real estate
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Property ID
US43-2449577
3,200 SF 0.69 ac Built 2008
Last sale May 2006·$870,000
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.
Market Trends Soon

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 · 2019

What does the county charge?
$10k
Tax billed · 2019
Assessed value · 2023$433k
Effective rate2.31%

Value estimate

· Nov 2026
$325k
$293k – $358k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 261 recorded sales of this use type
Observed band · Q1–Q3$39 – $124
Qualifying comparables19

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?
OS-1
Subdivision 5. - OS-1 Office Service District Sec. 42-240. - Intent. The OS-1 office service district is designed to accommodate office a...
General categoryCIVIC_INSTITUTIONAL
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.3
HVAC Service11.3
Kitchen & Bath10.9

Location

721 Ctr Ave Portage, MI 49024-5309
County assessor Recorded deeds · 6 transfers 19 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
7690 Timbercreek, Portage, MI 49024-7008 $125,000 Jun 2025 3,816 SF
5835 Oakland, Portage, MI 49024-1118 $900,000 Jun 2024 4,060 SF
740 Lenox, Portage, MI 49024-5419 $190,000 Apr 2024 3,200 SF
4421 Ctr, Portage, MI 49024-4667 $2,083,177 Jan 2023 2,694 SF
3000 Ctr, Portage, MI 49024-4864 $750,000 Sep 2021 2,719 SF
10418 Shaver, Portage, MI 49024-6765 $140,000 Aug 2021 3,600 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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