Financial
Distress signals
Property profile

715 Webber Ave Three Rivers, MI 49093

FOR SALE
Other commercial real estate
Property ID
US43-2136672
7,035 SF 2.15 ac lot
Last sale Dec 2024 · $200,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

715 Webber Avenue in Three Rivers, Michigan is a 6,900-square-foot light industrial building on a 2.148-acre lot. The property is zoned I-1 and is configured for industrial, distribution, or service-based uses. It previously functioned as a Schwans distribution center and includes substantial interior improvements, including leveled flooring for movement throughout the space. Access is provided by four 12-foot overhead doors, and a dock door is present with existing exterior infrastructure that…

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?
$10k
Tax billed · 2023
Assessed value · 2024$171k
Assessed land$33k
Assessed improvement$138k
Effective rate5.61%

Value estimate

· Sep 2026
$200k
$180k – $220k
AI approach$200k
NOI build-up
Gross scheduled income$150k
Vacancy & credit loss−$4k
Operating expenses−$44k
NOI · 38.61% cap applied$102k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$52/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$28 – $79
Qualifying comparables5

Cap rate analysis

How does the asset earn?
38.61%
$102k 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?
I-1
It is intended to provide for the establishment of wholesale and retail trade of large volume, bulk commercial storage and ware housing, ...
General categoryINDUSTRIAL
JurisdictionST JOSEPH

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.0
Dental Office14.2
Building Supply14.0

Location

715 Webber Ave Three Rivers, MI 49093
County assessor Recorded deeds · 1 transfer 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 Millard, Three Rivers, MI 49093-9567 $283,000 Aug 2025 4,160 SF
10249 Lucas, Three Rivers, MI 49093-8536 $100,000 May 2025 3,880 SF
204 Main, Three Rivers, MI 49093-1624 $65,000 Mar 2025 10,730 SF
1113 Michigan, Three Rivers, MI 49093-2162 $500,000 Aug 2024 7,360 SF
850 Health, Three Rivers, MI 49093-8358 $510,000 May 2024 3,590 SF
416 Michigan, Three Rivers, MI 49093-2127 $90,000 May 2024 3,456 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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