Financial
Distress signals
Property profile

775 Grv St Ypsilanti, MI 48198

OFF-MARKET
Commercial real estate
Property ID
US43-1383644
3,895 SF 0.72 ac lot Built 1961
Last sale Jun 2025 · $262,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,895 square foot retail property, located at 775 S Grove Street in Ypsilanti, Michigan, presents a unique investment opportunity. Previously a bank, this building boasts multiple points of entry and exit, enhancing accessibility and convenience for potential tenants. The property includes a significant advantage with a drive-thru, a feature highly sought after in today's market, along with ample parking for 30 vehicles. Excellent street visibility ensures high traffic 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 · 2019

What does the county charge?
$12k
Tax billed · 2019
Assessed value · 2024$195k
Effective rate6.22%

Value estimate

· Sep 2026
$250k
$225k – $275k

Realmo valuation models over county records and 16 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 comparables16

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 agency41.1
Building Supply31.0
Dental Office28.7

Location

775 Grv St Ypsilanti, MI 48198-6304
County assessor Recorded deeds · 5 transfers 16 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
33 Cross, Ypsilanti, MI 48198-2870 $440,000 Aug 2023 3,069 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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