Financial
Distress signals
Property profile

612 Ripley Blvd Alpena, MI 49707

OFF-MARKET
Other commercial real estate
Property ID
US43-4081510
1.28 ac lot
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 6,044 sq. ft. commercial building in Alpena, Michigan, zoned for commercial use, with frontage and exposure to approximately 25,000 vehicles per day. The building is configured to be operated as a single tenant or potentially split for separate businesses. The interior includes two bathrooms, a display area, an office, a mini kitchen, refrigeration, and a storage area. Off-street parking is available on site, and the property is subject to township taxes.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$115k
Effective rate3.95%

Value estimate

· Sep 2026
$205k
$185k – $226k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALPENA

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 Firm13.3
HVAC Service10.4
Pharmacy10.2

Location

612 Ripley Blvd Alpena, MI 49707-4437
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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
9538 Long Lk, Alpena, MI 49707-9327 $250,000 Dec 2024 N/A
123 Herman, Alpena, MI 49707-2139 $125,000 Nov 2024 N/A
114 Arbor, Alpena, MI 49707-1302 $150,000 Oct 2024 N/A
104 2nd, Alpena, MI 49707-2802 $213,500 May 2024 N/A
701 2nd, Alpena, MI 49707-2229 $89,900 Apr 2024 N/A
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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