Financial
Distress signals
Property profile

809 W Cedar St Kalamazoo, MI 49007

FOR SALE
Other commercial real estate
Property ID
US43-2344956
3,601 SF 0.2 ac lot
Last sale Sep 2024 · $500,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 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

The property is a city-certified multifamily housing asset comprising two buildings—one with 3 units and one with 4 units—located on a single parcel. The buildings contain 7 total dwelling units with functional layouts and a history of tenant occupancy. Utilities are structured as gross-leased and are billed back to tenants based on annualized costs. Off-street parking is provided. The property is situated near Western Michigan University, Kalamazoo College, downtown retail, and Bronson Park.

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 · 2019

What does the county charge?
$5k
Tax billed · 2019
Assessed value · 2024$80k
Effective rate5.70%

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$500k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 5.18% cap applied$26k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$21 – $91
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.18%
$26k 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?
RM-15
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.1
Electrical Service8.8
Watch Repair Shop8.8

Location

809 W Cedar St Kalamazoo, MI 49007
County assessor Recorded deeds · 7 transfers 5 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
711 Westnedge, Kalamazoo, MI 49007-3419 $85,000 Dec 2025 3,960 SF
613 Davis, Kalamazoo, MI 49007-6005 $370,000 May 2025 3,506 SF
744 Walnut, Kalamazoo, MI 49007-4937 $52,500 Jul 2024 3,200 SF
836 Wn, Kalamazoo, MI 49007-2437 $75,000 Feb 2024 4,405 SF
701 Walnut, Kalamazoo, MI 49007-4942 $500,000 Jun 2023 4,291 SF
415 Walnut, Kalamazoo, MI 49007-5158 $250,000 Jun 2022 4,175 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?”
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