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Financial
Distress signals
Property profile

823 28th SW St Wyoming, MI 49509

OFF-MARKET
Commercial real estate
Property ID
US43-1576946
5,460 SF 0.28 ac lot Built 1952
Last sale Mar 2005 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1,260 square foot retail space is located at 823 28th Street SW in Wyoming, Michigan, 49509. The property is situated in a high-visibility corner location at the intersection of 28th Street SW and Clyde Park, boasting daily traffic exceeding 36,000 vehicles. This multi-tenant strip center offers a prime opportunity for businesses seeking excellent exposure. The space was previously occupied by a payday loan business. Current co-tenants include LA Insurance and Boost Mobile, providing a…

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?
$7k
Tax billed · 2021
Assessed value · 2023$153k
Effective rate4.25%

Value estimate

· Oct 2026
$325k
$293k – $358k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$36 – $112
Qualifying comparables6

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?
FBC
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.6
Law Firm16.6
Dental Office16.2

Location

823 28th SW St Wyoming, MI 49509-2848
County assessor Recorded deeds · 1 transfer 6 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
2147 Martindale SW, Wyoming, MI 49509-1837 $180,000 Apr 2025 4,568 SF
2633 Woodward SW, Wyoming, MI 49509-2053 $180,000 Feb 2025 4,698 SF
2721 Madelyn SW, Wyoming, MI 49509-1846 $700,000 Nov 2024 7,308 SF
1055 28th SW, Wyoming, MI 49509-2877 $839,000 May 2024 6,028 SF
4850 Clyde Park SW, Wyoming, MI 49509-5116 $3,195,000 Apr 2024 7,000 SF
1031 Chicago SW, Wyoming, MI 49509-1107 $460,000 Mar 2024 4,149 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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