Financial
Distress signals
Property profile

7851 Spring Arbor Rd 24-26 Spring Arbor, MI 49283

FOR LEASE
Strip malls
Property ID
US43-1374365
53,900 SF 8.4 ac lot Built 2003
Last sale Jan 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property is located in a strip mall setting on M-60 in Spring Arbor Township, Michigan, and was previously used as a restaurant. It is configured to support restaurant or retail use and features utility service with 240-volt power. The site benefits from visibility and access to local traffic and commuter routes, with convenient proximity to surrounding businesses and Spring Arbor University. The surrounding area exhibits car-dependent accessibility based on walkability and limited bikeability metrics (walk score 27; bike score 43).

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?
$65k
Tax billed · 2022
Assessed value · 2023$1.41M
Effective rate4.58%

Value estimate

· Sep 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

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
245,450.00%
$29k 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?
C-3
4.4.3 Highway Service Commercial District (C-3): This district is intended to provide for various commercial establishments offering acco...
General categoryCOMMERCIAL
JurisdictionJACKSON

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 agency12.8
Dental Office12.0
Wholesale Shop10.4

Location

7851 Spring Arbor Rd, Unit 24-26 Spring Arbor, MI 49283
County assessor Recorded deeds · 6 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

10 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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