Financial
Distress signals
Property profile

22505 15th Mile Rd Big Rapids, MI 49307

OFF-MARKET
Other commercial real estate
Property ID
US43-2753535
1,680 SF 3.99 ac lot Built 1960
Last sale May 2025 · $384,100
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

Flex-style commercial building with a combined interior area of 6,000+ square feet and a 4-acre parcel, configured to provide a mix of office space, storage, and other adaptable work areas. The property is served by well and septic systems and includes natural gas service, with fiber optic internet access available. It is situated on a Class A road and is located a few hundred feet from the on-ramp to Highway 131, approximately one mile from Ferris State University and downtown Big Rapids, 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.

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

What does the county charge?
Assessed value · 2023$86k

Value estimate

· Sep 2026
$365k
$329k – $402k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$77/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$33 – $114

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMECOSTA

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility8.4
Convenience Store8.3
Garden Center8.3

Location

22505 15th Mile Rd Big Rapids, MI 49307-9226
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
226 Warren, Big Rapids, MI 49307-1846 $160,000 Dec 2023 1,638 SF
12380 185th, Big Rapids, MI 49307-9492 $800,000 Jul 2023 1,200 SF
621 State, Big Rapids, MI 49307-1452 $200,000 Jul 2023 2,268 SF
1129 State, Big Rapids, MI 49307-1113 $85,000 Jul 2023 1,208 SF
904 Colburn, Big Rapids, MI 49307-1610 $110,000 Jul 2023 2,366 SF
430 State, Big Rapids, MI 49307-0040 $65,000 Apr 2023 2,400 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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