Financial
Distress signals
Property profile

118 Vine St Albion, MI 49224

OFF-MARKET
Manufacturing properties
Property ID
US43-2123700
2,349 SF 0.14 ac lot Built 1966
Last sale Mar 2025 · $55,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

This exceptional commercial property, located at 118 W Vine Street Unit 118 in Albion, Michigan, presents a unique opportunity for entrepreneurs and businesses seeking a prime location. Boasting 2,349 square feet of space on a 0.14-acre lot, this building offers a blank canvas for customization and development. Its strategic downtown Albion location provides excellent visibility and accessibility, placing it within convenient walking distance to various amenities. The property's versatility…

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 · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2024$35k
Effective rate3.49%

Value estimate

· Sep 2026
$50k
$45k – $55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$33/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$17 – $51

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 agency20.8
Law Firm17.6
Hair Salon14.5

Location

118 Vine St Albion, MI 49224-1754
County assessor Recorded deeds · 5 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 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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