Entity Owned Property summary
This unique mixed-use property at 824 Lake Michigan Drive NW in Grand Rapids, Michigan, presents a compelling redevelopment opportunity. The 10,455 square foot building, constructed in 1923, sits on a 0.31-acre corner lot and is classified as a Class B property. Currently operating at 60% occupancy, the building features one loading dock and ceiling heights ranging from 9 to 14 feet. The property's versatile design includes three large apartments on the upper floors and open… commercial/industrial/retail space on the lower level. This fee-simple ownership offers significant potential for owner-users seeking a blend of residential and commercial space. The zoning is currently TBA. The asking price is $750,000, translating to $71.74 per square foot. The property's multi-faceted nature, combined with its prime Grand Rapids location in Kent County (zip code 49504), makes it an attractive investment for those seeking a redevelopment project. The building consists of one structure with three stories and four units. Showings are available Monday through Friday, between 10:00 AM and 4:00 PM. This is a rare chance to acquire a substantial property with significant upside potential in a thriving Westside Grand Rapids location.
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 · 2021
Value estimate
· Sep 2026Realmo valuation models over county records and 8 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
- 10,455 SF
- Lot area
- 0.31 ac
- Year built
- 1923
- Stories
- 1
- APN
- 41-13-26-279-001
- Zoning
- TN-TBA
- Assessed value · 2023
- $267,500
- Annual tax · 2021
- $5,190
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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- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- 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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