Financial
Distress signals
Property profile

9449 Genesee St New Lothrop, MI 48460

FOR SALE
Other commercial real estate
Property ID
US43-2090883
0.09 ac lot
Last sale Aug 2025 · $140,000
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

A 2,464-square-foot auto shop building constructed in 2013, featuring a heated garage/work area with attached office and support space. The first floor includes an office and a restroom, and an unfinished second-floor area that can be used for additional future office buildout or storage. The property has updated interior and exterior lighting and includes two hydraulic vehicle lifts for automotive work. Vehicle and equipment access is provided by three overhead doors: one 14-foot door and two…

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 · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$101k
Effective rate5.00%

Value estimate

· Sep 2026
$165k
$149k – $182k
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$820
Operating expenses−$6k
NOI · 7.51% cap applied$15k

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?
7.51%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionSHIAWASSEE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.9
Electrical Service8.8
Plumbing Service8.7

Location

9449 Genesee St New Lothrop, MI 48460
County assessor Recorded deeds · 7 transfers 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
17000 Lincoln, New Lothrop, MI 48460-9621 $172,000 Mar 2025 1,840 SF
9405 Butternut, New Lothrop, MI 48460-7705 $157,000 Jan 2024 No data
8020 Orch, New Lothrop, MI 48460-7709 $49,500 Jun 2023 No data
7475 Northwood, New Lothrop, MI 48460-9809 $181,000 Mar 2022 No data
9483 Genesee, New Lothrop, MI 48460-9799 $100,000 Jun 2021 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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