Financial
Distress signals
Property profile

1129 State St Big Rapids, MI 49307

OFF-MARKET
Other commercial real estate
Property ID
US43-4146471
1,208 SF 0.15 ac lot Built 1955
Last sale Jul 2023 · $85,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercial property located within Big Rapids city limits on a busy main road with high visibility. The property is zoned C-3 Commercial and supports a wide range of business uses, including retail, food service, and professional services. The interior is configured for operation as a bakery and includes a ready-to-operate, turn-key style layout, with flexible commercial space suited to multiple concepts. The site’s walkability and bikeability metrics indicate it is more car-dependent than…

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$39k

Value estimate

· Sep 2026
$90k
$81k – $99k

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.4
HVAC Service11.6
Wholesale Shop11.4

Location

1129 State St Big Rapids, MI 49307-1113
County assessor Recorded deeds · 1 transfer 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
22505 15th Mile, Big Rapids, MI 49307-9226 $384,100 May 2025 1,680 SF
416 State, Big Rapids, MI 49307-1449 $96,000 Dec 2023 1,008 SF
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
904 Colburn, Big Rapids, MI 49307-1610 $110,000 Jul 2023 2,366 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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