Financial
Distress signals
Property profile

1 Main St Milan, MI 48160

OFF-MARKET
Other commercial real estate
Property ID
US43-1649858
0.07 ac lot
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a multi-parcel development site located at the southwest intersection of US 23 (at the Plank Road exit) in Milan, Michigan. It encompasses approximately 47 acres and provides about 725 feet of highway frontage along US 23 and about 200 feet of frontage on Main Street. The site is zoned Highway Commercial and Mixed-Use Residential and features visibility from the highway interchange, with wooded areas and a clearing accessible from Main Street. The property abuts Gump Lake and…

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?
$3k
Tax billed · 2021
Assessed value · 2024$125k
Effective rate2.71%

Value estimate

· Sep 2026
$285k
$257k – $314k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
County average, outlier-cleaned · 178 recorded sales of this use type
Observed band · Q1–Q3$71 – $231

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-1-W/C
JurisdictionWASHTENAW

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.3
Parking Facility10.2
Daycare Center9.0

Location

1 Main St Milan, MI 48160-1286
County assessor Recorded deeds · not on file 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
1200 Dexter, Milan, MI 48160-1100 $1,090,000 Sep 2025 No data
250 Main, Milan, MI 48160-1218 $200,000 Sep 2025 No data
335 Lewis, Milan, MI 48160-1123 $450,000 Jul 2025 No data
Plank, Milan, MI 48160 $3,000,000 May 2025 No data
1000 Dexter, Milan, MI 48160-1159 $1,230,000 Apr 2025 No data
29 Main, Milan, MI 48160-2304 $380,000 Mar 2025 No data
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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