Property profile

236 Sugar St Blissfield, MI 49228

FOR SALE
Commercial real estate
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Property ID
US43-1128772
27,136 SF 1.48 ac Built 1930
Last sale Dec 2025·$150,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional industrial property in Blissfield, MI, offers 27,136 square feet of versatile space on a 1.88-acre lot. Originally built in 1930 and significantly renovated in 1985, this two-story building seamlessly blends historic charm with modern functionality. The main floor boasts ample storage with large bins, including a 30-foot bin and a 24-foot bin. Dedicated office and meeting spaces enhance the property's appeal, complemented by a full bath and a half bath for convenience. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$114k
Effective rate2.55%

Value estimate

· Nov 2026
$70k
$63k – $77k
NOI build-up
Gross scheduled income$397k
Vacancy & credit loss−$40k
Operating expenses−$107k
NOI$250k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$49 – $73
Qualifying comparables3

Cap rate analysis

How does the asset earn?
$250k 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
Thisdistrictis designed to provide suitable space for light industrial uses which operate in a safe, non objectionable and efficient mann...
General categoryINDUSTRIAL
JurisdictionLENAWEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency11.1
Law Firm10.6
Parking Facility10.0

Location

236 Sugar St Blissfield, MI 49228
County assessor Recorded deeds · 2 transfers 3 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
108 Adrian, Blissfield, MI 49228-1202 $10,000 Dec 2024 6,944 SF
313 Adrian, Blissfield, MI 49228-1259 $300,000 Jun 2024 5,692 SF
7751 Us Hwy 223, Blissfield, MI 49228-9678 $44,000 May 2024 24,592 SF
108 Ln, Blissfield, MI 49228-1206 $300,000 Oct 2023 6,485 SF
121 Adrian, Blissfield, MI 49228-1247 $40,000 Aug 2023 6,776 SF
11119 Us Hwy 223, Blissfield, MI 49228-9564 $400,000 Apr 2023 8,400 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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