Financial
Distress signals
Property profile

1145 Michigan Ave Ypsilanti, MI 48197

OFF-MARKET
Retail space
Property ID
US43-0936288
6,864 SF 1.79 ac lot Built 1939
Last sale Feb 2025 · $340,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-tenant retail building totaling 7,893 square feet, with an interior configuration that combines showroom or front presentation space with dedicated storage areas. It is positioned at 1145 W Michigan Avenue in Ypsilanti, Michigan, along West Michigan Avenue within the local commercial area, and is laid out to support retail use while providing accessory storage capacity that may also suit an owner-user operation.

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

What does the county charge?
Assessed value · 2024$248k

Value estimate

· Sep 2026
$360k
$324k – $396k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$115/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$71 – $151
Qualifying comparables3

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.

JurisdictionWASHTENAW

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office24.8
Realty agency23.3
Law Firm19.2

Location

1145 Michigan Ave Ypsilanti, MI 48197-5124
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Hewitt, Ypsilanti, MI 48197-4402 $620,000 Feb 2025 2,400 SF
2170 Packard, Ypsilanti, MI 48197-1832 $499,000 Jan 2023 2,574 SF
5915 Michigan, Ypsilanti, MI 48197-9006 $800,000 Dec 2022 4,332 SF
2200 Ellsworth, Ypsilanti, MI 48197-4806 $1,100,000 Feb 2020 2,950 SF
2675 Washtenaw, Ypsilanti, MI 48197-1549 $500,000 Nov 2019 2,250 SF
5511 Michigan, Ypsilanti, MI 48197-9255 $950,000 Aug 2019 3,200 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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