Financial
Distress signals
Property profile

322 S Cochran Ave Charlotte, MI 48813

FOR LEASE
Retail space
Property ID
US43-0727495
4,000 SF 0.17 ac lot Built 1974
Last sale Oct 2024 · $295,000
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.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Suite B at 322 S Cochran Avenue is an office-oriented commercial space in a building constructed in 1974. The interior layout includes a lobby, a large conference/training room, and nine private offices, providing a combination of client-facing and individual work areas. The configuration is suitable for a range of professional and service-oriented tenants, including office and certain retail-oriented uses such as legal, mortgage, real estate, nonprofit, medical-related, salon, and barbershop…

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 · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$150k
Effective rate3.81%

Value estimate

· Sep 2026
$250k
$225k – $275k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$5k
Operating expenses−$7k
NOI · 842.79% cap applied$16k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$30/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$16 – $39
Qualifying comparables6

Cap rate analysis

How does the asset earn?
842.79%
$16k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
N/A
JurisdictionEATON

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 Firm12.2
Realty agency11.5
Bakery10.4

Location

322 S Cochran Ave Charlotte, MI 48813
County assessor Recorded deeds · 6 transfers 6 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
124 Cochran, Charlotte, MI 48813-1510 $115,000 Nov 2023 3,280 SF
136 Cochran, Charlotte, MI 48813-1510 $103,000 Sep 2023 5,110 SF
504 Lansing, Charlotte, MI 48813-1182 $337,000 Jun 2023 3,081 SF
108 Cochran, Charlotte, MI 48813-1510 $80,000 Aug 2022 4,125 SF
113 Lawrence, Charlotte, MI 48813-1495 $125,000 Feb 2022 3,990 SF
145 Cochran, Charlotte, MI 48813-1509 $133,000 Apr 2021 4,418 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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message