Individually Owned Property summary
This exceptional retail property at 120 S Clark Street in Albion, Michigan presents a unique investment opportunity. The building, a former pharmacy, boasts a highly desirable location near Albion College, ensuring consistent foot traffic and visibility. The 3,200 square foot free-standing structure features a convenient drive-thru, adding significant operational efficiency and customer convenience. Beyond the main floor, substantial additional storage space is available in the basement,… approximately 3,000 square feet, providing ample room for inventory, supplies, or other operational needs. The property sits on a 0.39-acre lot, offering ample parking and potential for future expansion or outdoor amenities. The asking price for this turnkey retail space is $250,000. The property's APN is 01-101-087-00, located in Calhoun County, Michigan, zip code 49224. This is an ideal opportunity for a variety of retail businesses seeking a well-established location with significant existing infrastructure. The property's proximity to Albion College makes it particularly attractive to businesses catering to students and the local community. The combination of prime location, ample space, and convenient drive-thru makes this a truly compelling investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,200 SF
- Lot area
- 0.79 ac
- Stories
- 1
- APN
- 01-101-087-00
- Zoning
- PR-1
- Assessed value · 2024
- $99,550
- Annual tax · 2020
- $4,144
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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