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Property profile

6437 New Us 223 Ottawa Lake, MI 49267

FOR SALE
Turn key restaurants
Property ID
US43-1348870
4,042 SF 1.74 ac lot Built 1936
Last sale Aug 2007 · $185,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$12k
Tax billed · 2023
Assessed value$209k
Effective rate5.67%

Value estimate

· Oct 2026
$465k
$419k – $512k
NOI build-up
Gross scheduled income$57k
Vacancy & credit loss−$4k
Operating expenses−$13k
NOI · 7.95% cap applied$39k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$47 – $121
Qualifying comparables4

Cap rate analysis

How does the asset earn?
7.95%
$39k 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?
AG1
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store8.6
Parking Facility8.2
Convenience Store7.4

Location

6437 New Us 223 Ottawa Lake, MI 49267
County assessor Recorded deeds · 4 transfers 4 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6050 New Us 223, Ottawa Lake, MI 49267-8736 $377,000 Dec 2025 1,711 SF
4750 Sterns, Ottawa Lake, MI 49267-9531 $1,200,000 Jul 2020 34,234 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

Ask Rey → ChatGPT Grok Claude
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