Financial
Distress signals
Property profile

8880 32nd St Richland, MI 49083

OFF-MARKET
Commercial real estate
Property ID
US43-2240194
18,588 SF 7.45 ac lot Built 2007
Last sale Apr 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail property, located at 8880 N 32nd Street in Richland, Michigan, presents a unique leasing opportunity. The building, constructed in 2007, offers a total of 18,588 square feet of commercial space across two suites within a larger complex of five buildings. The property is situated at the intersection of N 32nd Street and E. C Avenue & Macywood, ensuring high visibility and accessibility. Zoned D/Commercial, this location is ideal for a variety of retail businesses. …

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?
$33k
Tax billed · 2019
Assessed value · 2023$934k
Effective rate3.56%

Value estimate

· Sep 2026
$2.14M
$1.92M – $2.35M
Submarket $/SF estimate$2.13M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
County average, outlier-cleaned · 325 recorded sales of this use type
Observed band · Q1–Q3$38 – $123

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?
D
JurisdictionKALAMAZOO

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand index
Wholesale Shop9.9
Plumbing Service9.0
Furniture Store8.9

Location

8880 32nd St Richland, MI 49083-8574
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
9779 D, Richland, MI 49083-8301 $265,000 Jul 2022 13,856 SF
7820 34th, Richland, MI 49083-9603 $910,000 Apr 2022 7,303 SF
6274 32nd, Richland, MI 49083-8403 $165,000 Mar 2022 5,184 SF
10203 M 89, Richland, MI 49083-9590 $700,000 Jan 2022 20,860 SF
10331 M 89, Richland, MI 49083-9347 $360,000 Apr 2019 6,510 SF
7906 Gull, Richland, MI 49083-8610 $4,623,675 Feb 2019 54,576 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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