Financial
Distress signals
Property profile

740 Emerick St Ypsilanti, MI 48198

OFF-MARKET
Other commercial real estate
Property ID
US43-1774992
5,840 SF 0.64 ac lot Built 1962
Last sale Mar 2023 · $346,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 740 Emerick Street #300 in Ypsilanti, Michigan is a commercial-zoned building constructed in 1962, providing office space configured for professional and service uses. The interior space can accommodate up to 2,500 square feet, either as one suite or subdivided into two suites of approximately 1,000 and 1,500 square feet, with a layout suitable for medical, wellness, laser, accounting, and other professional service activities. The building offers access to I-94 for client and staff travel.

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?
$9k
Tax billed · 2019
Assessed value · 2024$209k
Effective rate4.42%

Value estimate

· Sep 2026
$330k
$297k – $363k

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
Submarket average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$64 – $192
Qualifying comparables23

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?
GC
General categoryUNKNOWN
JurisdictionWASHTENAW

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.3
Building Supply31.0
Dental Office28.7

Location

740 Emerick St Ypsilanti, MI 48198-6340
County assessor Recorded deeds · 5 transfers 23 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
33 Grv, Ypsilanti, MI 48198-5680 $590,000 Jun 2025 5,208 SF
9 Park, Ypsilanti, MI 48198-5622 $395,000 May 2024 4,296 SF
10 Prospect, Ypsilanti, MI 48198-5616 $230,000 Apr 2024 4,398 SF
9 Cross, Ypsilanti, MI 48198-2841 $360,000 Feb 2024 4,650 SF
2069 Tyler, Ypsilanti, MI 48198-6156 $665,000 Aug 2023 7,305 SF
59 Ecorse, Ypsilanti, MI 48198-5710 $225,000 Jul 2021 5,656 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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