Financial
Distress signals
Property profile

14190 19 Mile Rd NE Gowen, MI 49326

FOR SALE
Other commercial real estate
Property ID
US43-1391427
6,540 SF 4.75 ac lot Built 1997
Last sale Jan 2021 · $352,000
Trust Owned Owner of record is a trust. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an assisted living facility in Gowen, Michigan, comprising approximately 18,000 square feet situated on 4.59 acres. Constructed in 1992, it is laid out to support 20+ residential units and includes an attached private residence. Building systems and site infrastructure include a 250,000 BTU boiler, metal roofing, vinyl siding, hot-water heating, a well water source, an updated septic system, and a large automatic generator. The facility’s rural, on-site residence configuration…

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 · 2021

What does the county charge?
$12k
Tax billed · 2021
Assessed value · 2023$199k
Effective rate5.84%

Value estimate

· Sep 2026
$320k
$288k – $352k
NOI build-up
Gross scheduled income$328k
Vacancy & credit loss−$18k
Operating expenses−$139k
NOI · 340.93% cap applied$170k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$82/SF
County average, outlier-cleaned · 593 recorded sales of this use type
Observed band · Q1–Q3$43 – $131
Qualifying comparables16

Cap rate analysis

How does the asset earn?
340.93%
$170k 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?
R-R
JurisdictionKENT

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 Supply9.6
Auto Repair Shop9.4
Realty agency8.3

Location

14190 19 Mile Rd NE Gowen, MI 49326
County assessor Recorded deeds · 5 transfers 16 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
11391 Pne, Gowen, MI 49326-9654 $7,500 May 2025 No data
1031 Johnson, Gowen, MI 49326-9617 $265,000 May 2025 No data
11468 Pne, Gowen, MI 49326-9634 $65,000 Oct 2023 No data
12810 Lincoln Lk, Gowen, MI 49326-8402 $116,000 Nov 2020 1,898 SF
14680 Lincoln Lk, Gowen, MI 49326-9531 $230,000 Jun 2019 744 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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