Financial
Distress signals
Property profile

622 Allegan St Plainwell, MI 49080

OFF-MARKET
Motels
Property ID
US43-2201897
34,801 SF 0.92 ac lot
Last sale May 2017 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 63-key Comfort Inn hotel presents a lucrative investment opportunity in Plainwell, Michigan. Located at 622 Allegan St, 49080, this 34,801 square foot property, built in 1987, offers significant potential for growth. The hotel boasts a strong average daily rate (ADR) of $127 and impressive 69% occupancy, exceeding the performance of comparable properties in the Grand Rapids and West Michigan submarkets. Its strategic location off Interstate 131 provides easy access for…

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?
$67k
Tax billed · 2023
Assessed value · 2024$1.18M
Assessed land$100k
Assessed improvement$1.08M
Effective rate5.68%

Value estimate

· Sep 2026
$695k
$626k – $765k

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?

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.

JurisdictionALLEGAN

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 Firm16.9
Building Supply15.6
Wholesale Shop14.5

Location

622 Allegan St Plainwell, MI 49080-1211
County assessor Recorded deeds · 3 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.

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