Financial
Distress signals
Property profile

827 Bridge St Grand Rapids, MI 49504

FOR SALE
Other commercial real estate
Property ID
US43-1306850
4,900 SF 0.14 ac lot Built 1965
Last sale Jul 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two addresses, 827 and 829 Bridge St, configured as a three-unit retail and office assemblage in Grand Rapids. The combined building area is approximately 4,500 square feet for retail and office use, and there is an additional approximately 0.25-acre site that is fenced and used for parking and storage. The buildings are positioned along the main commercial strip and are located within several minutes of the Gerald R. Ford Freeway. The overall configuration provides

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?
$4k
Tax billed · 2021
Assessed value · 2023$207k
Effective rate1.79%

Value estimate

· Sep 2026
$280k
$252k – $308k
NOI build-up
Gross scheduled income$124k
Vacancy & credit loss−$10k
Operating expenses−$43k
NOI · 8.36% cap applied$71k

Realmo valuation models over county records and 12 qualifying comparable sales.

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
Qualifying comparables12

Cap rate analysis

How does the asset earn?
8.36%
$71k 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?
TN-TBA
JurisdictionKENT

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.4
Pawn Shop9.8
Nail Salon9.5

Location

827 Bridge St Grand Rapids, MI 49504
County assessor Recorded deeds · 8 transfers 12 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
1054 Fulton W, Grand Rapids, MI 49504-6153 $420,000 Jan 2026 3,720 SF
705 11th NW, Grand Rapids, MI 49504-4431 $175,000 Jul 2025 4,752 SF
1205 Brg NW, Grand Rapids, MI 49504-5098 $480,000 Feb 2025 3,219 SF
1050 Leonard NW, Grand Rapids, MI 49504 $350,000 Feb 2025 8,317 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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