Property profile

502 Grand Riv Ave 12 Williamston, MI 48895

OFF-MARKET
Retail space
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Property ID
US43-1830782
864 SF 0.22 ac Built 1948
Last sale Mar 2026·$120,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 864-square-foot commercial property, located at 502 E Grand River Avenue Unit 502 in Williamston, Michigan, presents a remarkable opportunity for entrepreneurs and established businesses alike. Situated on a 0.22-acre lot in the vibrant heart of downtown Williamston, this property enjoys unparalleled visibility and accessibility. The interior boasts a turnkey condition, with two spacious areas ready for immediate occupancy. Two separate storage areas provide added convenience…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$2k
Tax billed · 2019
Assessed value · 2023$55k
Assessed land$36k
Assessed improvement$20k
Effective rate4.00%

Value estimate

· Nov 2026
$280k
$252k – $308k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
County average, outlier-cleaned · 136 recorded sales of this use type
Observed band · Q1–Q3$43 – $117

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?
C-3
Section 74-2.308 C-3 Mixed Business District The C-3 mixed business district is intended to accommodate a mixture of commercial and resid...
General categoryCOMMERCIAL
JurisdictionINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.1
Dental Office9.4
Realty agency9.2

Location

502 Grand Riv Ave, Unit 12 Williamston, MI 48895-1532
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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
120 High, Williamston, MI 48895-1451 $189,500 Jan 2026 936 SF
114 Putnam, Williamston, MI 48895-1334 $60,000 May 2020 540 SF
203 Grand Riv, Williamston, MI 48895-1415 $160,000 Feb 2020 1,488 SF
906 Grand Riv, Williamston, MI 48895-1210 $47,000 Jan 2020 1,694 SF
138 Grand Riv, Williamston, MI 48895-1318 $120,000 Dec 2019 1,680 SF
417 Cedar, Williamston, MI 48895-1428 $150,000 Aug 2019 1,144 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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Includes: Price & PSF · Cap rate · Location · Zoning

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