Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    9605 Grand Riv SE Dr Lowell, MI 49331-8919

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9605 Grand Riv SE Dr Lowell, MI 49331-8919

    View on Map
    • Specialty properties
    • 2,402 SF
    • 45.43 lot acres
    Off-Market
    Property ID
    US43-1582228
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 9605 Grand Riv SE Dr

    Year built
    1969
    Lot size
    45.43 lot acres
    Property size
    2,402 SF
    Zone code
    R-1
    Property type
    Specialty properties
    APN
    41-20-07-300-001
    APU
    412007300001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Kent
    State
    Michigan
    Longitude
    -85.4281
    Latitude
    42.9218
    CBSA code
    24340
    CBSA name
    GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $3,549
    $0.00
    $0.00
    $154,300
    -
    $0.00
    $0.00
    $308,600

    Comparable in this City

    • Value Estimation by Request
      3,621 SF

      5616 Dunn NE Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,621 SF
      5616 Dunn NE Ave, Lowell, MI 49331-9735
      View Details
    • Value Estimation by Request
      2,728 SF

      11335 Fulton E St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,728 SF
      11335 Fulton E St, Lowell, MI 49331-8841
      View Details
    • Value Estimation by Request
      7,966 SF

      11608 Fulton E St

      VETERINARY, ANIMAL HOSPITAL • 7,966 SF
      11608 Fulton E St, Lowell, MI 49331-9426
      View Details
    • Value Estimation by Request
      5,261 SF

      11250 Fulton E St

      VETERINARY, ANIMAL HOSPITAL • 5,261 SF
      11250 Fulton E St, Lowell, MI 49331-9697
      View Details
    • Value Estimation by Request
      10,764 SF

      11770 Fulton E St

      DAY CARE, PRE-SCHOOL • 10,764 SF
      11770 Fulton E St, Lowell, MI 49331-8692
      View Details
    • Value Estimation by Request
      0.37 Acres

      8161 Rickert Rd

      INDUSTRIAL (GENERAL) • 0.37 Acres
      8161 Rickert Rd, Lowell, MI 49331
      View Details

    Similar Nearby for Sale

    • New
      $299,999
      8,321 SF

      Lowell Multi-Use Facility For Sale

      Versatile property with sanctuary, classrooms, and ample parking.
      404 N Hudson St SE, Lowell, MI 49331
      View Details
    • $329,900

      Multi-Use Facility in Lowell

      Versatile property with parking, classrooms, and updated features.
      404 N Hudson St SE, Lowell, MI 49331
      View Details
    • Contact for pricing

      Commercial Land Near Retail Corridor

      Well-positioned land parcel in Lowell's retail corridor.
      2531 W Main St, Lowell, MI 49331
      View Details
    • $199,900
      5.39 Acres

      Lowell Buildable Land with Improvements

      5.39 acres in Lowell with well, septic, and electric.
      4704 Wheat Dr, Lowell, MI 49331
      View Details
    • $975,000

      Commercial Property on Fulton Street

      Commercial property with over 7,900 SF on over one acre.
      11608 Fulton St SE, Lowell, MI 49331
      View Details
    • $359,900
      6.42 Acres

      Lowell Wooded Land For Sale

      6+ acres of wooded land near Fallasburg Park and Flat River.
      13164 Beckwith Dr NE, Lowell, MI 49331
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      237 Acres in Lowell Township

      237 acres available for lease in Lowell Township, Michigan.
      4687 Alden Nash Ave SE, Lowell, MI 49331
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease at 505 W Main St.
      505 W Main St, Lowell, MI 49331
      View Details
    • Contact for pricing
      3,500 SF

      Medical Office Space Available

      Built-out medical office/clinic space in a central business district.
      11921 Fulton St E, Lowell, MI 49331
      View Details
    • $12 SF/Yr
      1,464 SF

      Retail Space in Lowell, MI

      Retail space available for lease in Lowell, Michigan.
      1004 W Main St, Lowell, MI 49331
      View Details
    • Contact for pricing

      11901 Fulton St E, Lowell, MI 49331

      Retail space
      11901 Fulton St E, Lowell, MI 49331
      View Details
    • Contact for pricing

      Retail Center on Main Street

      Spacious, newly renovated retail center with ample parking and frontage.
      2111 W Main St, Lowell, MI 49331
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9605 Grand Riv SE Dr
    Lowell, MI 49331-8919
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    9605 Grand Riv SE Dr, Lowell, MI, 49331

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!