Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

113 Michigan Ave Albion, MI 49224

OFF-MARKET
Turn key restaurants
Property ID
US43-2286925
560 SF 0.01 ac lot Built 1930
Last sale Aug 2012 · $16,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 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

This property consists of the first floor and basement of a three-story building, with the upper stories owned separately. The total interior area is 1,680 square feet and the lot size is 0.04 acres. The space was historically used as a pizzeria and is configured with a dining area that includes tables, booths, and chairs, along with commercial food-preparation equipment such as ovens, refrigerators, freezers, and coolers. Included equipment also features a Hobart commercial dough machine and…

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.

Debts

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 · 2022

What does the county charge?
$267
Tax billed · 2022
Assessed value · 2024$14k
Effective rate1.91%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$48 – $133

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?
MU
MU district is intended to accommodate a mix of single-family and multiple-family residential uses, mixed uses, and business and office u...
General categoryMIXED_USE
JurisdictionCALHOUN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.3
Law Firm17.9
Hair Salon14.2

Location

113 Michigan Ave Albion, MI 49224-1735
County assessor Recorded deeds · 3 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
104 Erie, Albion, MI 49224-1733 $166,000 Jul 2025 2,300 SF
105 Porter, Albion, MI 49224-1758 $5,000 Mar 2024 1,338 SF
1440 Eaton, Albion, MI 49224-9470 $237,500 Nov 2022 2,251 SF
100 Erie, Albion, MI 49224-1733 $225,000 Aug 2022 1,104 SF
102 Erie, Albion, MI 49224-1733 $225,000 Aug 2022 1,778 SF
309 Superior, Albion, MI 49224-1752 $180,000 May 2021 2,616 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?”
You own 113 Michigan Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again